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CFPB Proposes Framework For Payday, Title along with other Installment Loans

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CFPB Proposes Framework For Payday, Title along with other Installment Loans On June 2, 2016, the customer Financial Protection Bureau (the “CFPB” or perhaps the “Bureau”) released a notice that is 1,340-page of Rulemaking on short-term lending (the “Proposal”)[1]. Our initial, high-level findings regarding the Proposal, which we continue steadily to evaluate, are established below.…

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