CFPB proposes revisions to final payday/auto title/high-rate installment loan rule

CFPB proposes revisions to final payday/auto title/high-rate installment loan rule The CFPB has released highly-anticipated proposed revisions to its final payday/auto installment that is title/high-rate guideline (Rule) that could rescind the Rule’s ability-to-repay provisions inside their entirety (that your CFPB relates to since the “Mandatory Underwriting Provisions”). The Bureau will need reviews in the proposition …

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