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CFPB Problems Final Rule Regulating Pay Day Loans

CFPB Problems Final Rule Regulating Pay Day Loans Overview On October 5, 2017, the CFPB issued its last guideline on Payday, car Title, and Certain High-Cost Installment Loans, 12 C.F.R. pt. 1041. The rule requires lenders to determine that borrowers are able dollar financial group loans title loans repay the…