Consumer Protection Drops Payday Lender Lawsuit

The Consumer Financial Protection Bureau on Thursday dropped a lawsuit against four payday lenders yet another clue the agency may be reversing course under President Trump's interim director Mick Mulvaney.

BING NEWS:
  • Ottawa set to lower maximum interest rate on consumer loan products
    In 2018, Marcia Brown turned to one of the many payday lenders in her Mississauga neighbourhood to borrow money. Ms. Brown’s father had passed away, and she was chipping in to ensure that her younger ...
    04/21/2024 - 10:22 am | View Link
  • Editorial: Preserve regulated access to payday loans
    For individuals who are underbanked, they can be the safest short-term option to secure funds in an emergency.
    04/17/2024 - 1:01 pm | View Link
  • More

 

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