Tag: Hilary O Shelton
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Civil Rights Leaders Support Rules to Crackdown on Payday Lending
By Charlene Crowell After five years of field hearings, town hall meetings, multiple research reports, and over one million comments, the Consumer Financial Protection Bureau (CFPB) announced on October 5 a new rule to rein in predatory payday and car-title loans. “These protections bring needed reform to a market where far too often lenders have ...