High-Cost Installment Loans Could Proliferate Under CFPB Rule

High-Cost Installment Loans Could Proliferate Under CFPB Rule Payday and car name loan providers happen to be issuing high-cost installment loans or personal lines of credit in 26 of this 39 states where they run. The CFPB issued a proposed guideline in June 2016. When it’s finalized and lending that is lump-sum more limited, loan …

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