CFPB Dilemmas Amendments to Payday, Car Name, and Select High-Cost Installment Loans Rule

REGULATORY ALERT NATIONWIDE CREDIT UNION MANAGEMENT 1775 Duke Road, Alexandria, VA 22314 Dear Panels of Directors and Ceos: On July 22, 2020, the buyer Financial safeguards Bureau granted a rule that is finalstarts brand new screen) amending components associated with Payday, car name, and Certain High-Cost Installment Loans guideline, 12 CFR component 1041 (CFPB Payday…

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Cities, Lenders Resume Battle Over High-Interest Loans

Bill Before Missouri Gov. Mike Parson Would Undermine Municipal Regulations Barbara usa payday loans Newark DE Shelly Above image credit: Abby Zavos worked difficult to pass an ordinance managing high-interest financing in Liberty, but fears her efforts will likely be undercut. (Barb Shelly | Flatland) Tower Loan in Liberty is sandwiched in a strip shopping…

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