The new rules are coming for payday lenders, and opponents of those rules are readying themselves for what will likely be a fairly dizzying battle on the subject. Payday and short-term lending is an approximately $6 billion-a-year industry, one that both critics and supporters of...
June 26, 2018
The Consumer Financial Protection Bureau (CFPB) has filed a response supporting reconsideration of the agency’s payday rule. According to The National Law Review, the motion requested that a Texas federal court reconsider its June 12 order that the effective date of the rules not be delayed. Last October, former CFPB head Richard Cordray finalized the rule […]
September 19, 2017
The new rules are coming for payday lenders, and opponents of those rules are readying themselves for what will likely be a fairly dizzying battle on the subject. Payday and...
