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Federal regulator clamps down on payday financing industry

February 12, 2021

Federal regulator clamps down on payday financing industry NYC — Payday and car name loan providers will need to stick to stricter rules that may dramatically curtail their company under guidelines finalized Thursday by a federal regulator. However the very first nationwide legislation associated with the industry continues to be expected to face opposition from… Read More ›

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LAMPa advocates have actually worked tirelessly to simply help beat duplicated efforts to introduce payday

LAMPa advocates have actually worked tirelessly to simply help beat duplicated efforts to introduce payday Lending bills that could end the Commonwealth’s consumer that is strong against abusive loans. Always check straight right back for updates on new legislation. Payday advances are small-dollar, exceptionally high-cost loans, which typically carry triple-digit interest levels of 300% annually… Read More ›