Without a doubt about Federal regulators propose restrictions on payday loan providers

Without a doubt about Federal regulators propose restrictions on payday loan providers

WASHINGTON — Federal regulators are proposing a clampdown that is significant payday loan providers along with other providers of high-interest loans, saying borrowers should be protected from techniques that find yourself changing into “debt traps” for a lot of. Continue reading “Without a doubt about Federal regulators propose restrictions on payday loan providers”

Let me make it clear about BCFP Enters into Consent Order with tiny Dollar Lender

Let me make it clear about BCFP Enters into Consent Order with tiny Dollar Lender

the Bureau of Consumer Financial Protection (BCFP), previously referred to as CFPB, joined into A consent purchase with money Express, LLC. Money Express is really a dollar that is small situated in Cookeville, Tennessee, that runs 328 retail lending outlets in Alabama, Kentucky, Mississippi, and Tennessee, and will be offering short-term loans and look cashing services to its clients. Continue reading “Let me make it clear about BCFP Enters into Consent Order with tiny Dollar Lender”