Payday Lending Faces Tough New Restrictions by Consumer Agency
The restrictions announced by the Consumer Financial Protection Bureau could largely eliminate an industry that churns out billions of dollars a year in high-interest loans to working-class Americans. [Source]
Publication Date:Origin: nytimes.com
Category: Credit and Debt
Topics: Consumer, Americans, working-class, loans, high-interest, dollars, billions, churns, industry, eliminate, largely, could, Bureau, Protection, Financial, announced, restrictions, Agency, Restrictions, Tough, Faces, Lending, Payday
Source: https://www.nytimes.com/2017/10/05/business/payday-loans-cfpb.html?partner=rss&emc=rss