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Daily Archives: December 10, 2017

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The CFPB Sets New Regulations on Payday Loans

By Heather BenvenisteCC Attorney Blog Credit Card Law

Consumers may take several risks when applying to certain types of loans. Fortunately, the Consumer Financial Protection Bureau (CFPB) has implemented new rules and regulations to protect borrowers from the risks associated with both long- and short-term loans, which typically have balloon payments. These kinds of loans that usually come in the form of payday…

December 10, 2017
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