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CFPB: pay day loans ultimately causing ‘revolving home of debt’

CFPB: pay day loans ultimately causing ‘revolving home of debt’ Short-term “payday” loans, and comparable “deposit advance” loans provided by major banks, are trapping numerous customers in a “revolving home of debt,” in accordance with a research due to be produced general public Wednesday because of the customer Financial Protection Bureau. Even though it would...

November 27, 2020November 27, 2020by