small business payday loans

CFPB rollback of cash advance protection attracts critique

CFPB rollback of cash advance protection attracts critique

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Customer advocates lack that is decry of actions and reopening of cash advance regulation by customer watchdog agency led by Trump appointee.

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Borrower beware: Federal defenses from high-cost loans are now being rolled straight back included in a broad deregulation push, prompting an outcry from consumer advocates plus some policymakers.

“This is just a modern-day type of slavery,” U.S.