CFPB problems Final Rules on Payday and car Title Loans—minimal Impact for Auto Lenders
Regulatory, conformity, and litigation developments within the economic solutions industry The buyer Financial Protection Bureau (CFPB) issued its last guideline on payday, car name, and particular high-cost installment loans. The brand new rule is effective in 2019 and imposes strict underwriting demands and payment restrictions on specific covered loans. Make sure to review our previous […]