The CFPB Finds Payday and Deposit Advance Loans Can Trap Consumers in Debt
The CFPB Finds Payday and Deposit Advance Loans Can Trap Consumers in Debt Sustained Use of Loans Raises Consumer Protection Concerns WASHINGTON, D.C. —Today, the buyer Financial Protection Bureau (CFPB) issued a study on payday and deposit advance loans discovering that for several customers these items result in a period of indebtedness. Free lending standards, […]