CFPB Finalizes Payday Lending Rule. On October 5, 2017, the CFPB On October 5, 2017, the CFPB finalized its long-awaited guideline on payday, car concept, and some high-cost installment financial loans, known as the payday credit guideline.The last tip locations ability-to-repay demands on lenders generating secure brief debts and sealed long-term balloon-payment financial loans. For […]
