Posts Categorized: instant payday loans

Articles & Publications. CFPB Rule needs Payday Lenders to Apply “Ability to Repay” Standard to Loans

Articles & Publications. CFPB Rule needs Payday Lenders to Apply “Ability to Repay” Standard to Loans Today the buyer Financial Protection Bureau (“CFPB” or even the “Bureau”) granted a fresh guideline which will have an important affect the payday financing market. The CFPB will require lenders to now conduct a “full-payment test” to find out… Read more »