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Texas Court Rules Against CFPB’s Payday Lending Act Delay

Texas Court Rules Against CFPB’s Payday Lending Act Delay A Texas court ruled on(June 12) against delaying the compliance date for the Consumer Financial Protection Bureau’s rule on payday loans tuesday. A lawsuit had aimed to block the newest rules that are federal would restrict these short-term loans that some experts state can force individuals into severe financial obligation. The limitations are planned to just simply simply take impact the following year, but loan providers — combined with CFPB — sued to [...]

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