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Trump’s Consumer Watchdog Simply Allowed Payday Lenders To Provide Loans To Those Who Can’t Afford Them

Trump’s Consumer Watchdog Simply Allowed Payday Lenders To Provide Loans To Those Who Can’t Afford Them What exactly is A debt to Credit Ratio? Payday loan rates of interest can top 600%. Tuesday’s guideline allows payday lenders to accept individuals without considering when they are able to afford to pay them straight back. WASHINGTON — The Consumer Financial Protection Bureau circulated a last guideline tuesday which makes it easier for payday lenders to offer out high-interest loans to individuals who [...]

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