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Mayday for Payday? Tall Price Installment Loans

Mayday for Payday? Tall Price Installment Loans The buyer Financial Protection Bureau (CFPB) today proposed guidelines (Payday, car Title, and Certain High-Cost Installment Loans) pursuant to its authority under 12 U.S.C. §§1022, 1024, 1031, and 1032 (Dodd-Frank) which will seriously restrict what exactly is generally speaking described as the “payday financing” industry (Proposed guidelines). The…