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Critical Regulation: The Buyer Financial Protection Bureau’s New Rules on Payday Advances and Short-Term Credit

Critical Regulation: The Buyer Financial Protection Bureau’s New Rules on Payday Advances and Short-Term Credit

Use of credit is really important. However when loan providers run through a small business model that overwhelmingly turns little loans (think $500) into insurmountable rounds of financial obligation, they’re not supplying a service that is essential are rather profiteering.