WASHINGTON (AP) -- Troubled by consumer complaints and loopholes in state laws, federal regulators are putting together the first-ever rules on payday loans aimed at helping cash-strapped borrowers avoid falling into a cycle of high-rate debt....
By HOPE YEN, Associated Press: Politics
Sun, 02/01/2015 - 6:11am
WASHINGTON (AP) -- Troubled by consumer complaints and loopholes in state laws, federal regulators are putting together the first-ever rules on payday loans aimed at helping cash-strapped borrowers avoid falling into a cycle of high-rate debt....