CFPB Update regarding PDL & Advance Products
Published: Tue, 12/01/15
The CFPB issued an update on their website regarding proposed rulemaking for car title loans, payday loans, installment loans, line-of-credit loans and related loan products made to consumers in the U.S.
Here’s the CFPB release in full including 3 links to their “research” and “studies.” Take a deep breath and hold your nose…
The CFPB press release and website Post specifically state:
“The Bureau is in the process of developing a Notice of Proposed Rulemaking to address concerns in markets for payday, auto title, and similar lending products. The Bureau is particularly concerned...
Read it all here and get the 3 PDF's to the CFPB's reports, findings, and study.
http://www.paydayloanuniversity.com/update-payday-loan-business-consumer-finance/
Here's a shortened link via Google: http://goo.gl/ja9mMg
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