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CFPB Proposes New Payday-Lending Rules

A sovereign regulator changed toward reining in payday and other short-term lenders, surveying changes that could change how borrowers get authorized for some high-cost loans.

The Consumer Financial Protection Bureau on Thursday is releasing a plans that could impact millions of Americans in need of money who pointer adult any year for payday loans, car-title loans and certain high-cost personal loans.

The CFPB is deliberation requiring…

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