Within the autumn of 2017, the buyer Financial Protection Bureau (CFPB) issued brand brand brand new rules to guard loan that is payday from probably the most harmful methods for the reason that industry. These loans, frequently repaid in a single re re payment in the borrower’s next payday, carry very high interest levels and borrowers can very quickly become trapped within an endless cycle of re-borrowing to help keep afloat. Continue reading “Guidelines to guard loan that is payday are under attack…again”