CFPB goes back ‘ability-to-repay’ portion of pay-day financing rule

CFPB goes back ‘ability-to-repay’ portion of pay-day financing rule Diving Short term: The user Economic Coverage Bureau (CFPB) into the Friday eliminated new “ability-to-repay” terms from a 2017 payday financing code you to never grabbed impression, however, could have been the reason out-of a taken-out legal battle. The fresh new arrangements could have limited the […]