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Some problems for “short-term” loans underneath the CFPB’s contemplated payday name high-cost financing proposals

In this web site post, we share our applying for grants the way the CFPB’s contemplated proposals using aim at payday (along with other small-dollar, high-rate) loans (“Covered Loans”) will affect “short-term” Covered Loans while the flaws we come across into the CFPB’s capacity to repay analysis. (Our final post seemed at the CFPB’s grounds […]