Articles & Publications. CFPB Rule requires Payday Lenders to utilize capability to Repay Standard to Loans

Articles & Publications. CFPB Rule requires Payday Lenders to utilize capability to Repay Standard to Loans Today the customer Financial Protection Bureau circulated an original guideline that may have an amazing impact on the financing market that is payday. The CFPB will now need financial institutions to conduct a full-payment test to find down upfront…