CFPB: payday advances ultimately causing ‘revolving home of debt’

CFPB: payday advances ultimately causing ‘revolving home of debt’ Short-term “payday” loans, and”deposit that is similar” loans provided by major banks, are trapping many 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. The bureau signaled its intention […]

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