A lender that is payday accused of stealing millions from clients. Trump’s CFPB happens to be permitting them from the hook.

A lender that is payday accused of stealing millions from clients. Trump’s CFPB happens to be permitting them from the hook. The buyer Financial Protection Bureau (CFPB) is using it simple on payday lenders accused of preying on low-income employees. The CFPB said it is dropping sanctions against NDG Financial…

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Customers may lose defenses in proposed payday financing changes

Customers may lose defenses in proposed payday financing changes The Consumer Financial Protection Bureau is proposing changes to regulations that protect borrowers from being trapped in long-term debt in a major win for the payday lending industry which gives quick loans at exorbitant interest rates. Ken Sweet, Associated Press’ company…

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