Payday Lenders Say CFPB Rule Would Hurt Their Business. That’s Progress.

http://feedproxy.google.com/~r/campaignforamericasfuture/~3/asyRpZqR2CQ/payday-lenders-say-cfpb-rule-would-hurt-their-business-thats-progress

The truth is that payday lenders trap their customers in a vicious cycle of debt. The Consumer Financial Protection Bureauhas begun writing a series of new rules to prevent the worst abuses of the industry.

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