Payday Loan Rules Proposed by Consumer Protection Agency

Payday Loan Rules Proposed by Consumer Protection Agency BIRMINGHAM, Ala. The agency created at President Obama’s urging in the aftermath of the financial crisis, took its most aggressive step yet on behalf of consumers on Thursday, proposing regulations to rein in short-term payday loans that often have interest rates of 400 percent or more— the …

Payday Loan Rules Proposed by Consumer Protection Agency Read More »