Category: cash connection payday loan

Confessions of a Payday Lender: “I Felt Like a Modern-Day Gangster”

Posted: 12th March 2021     Posted Category: cash connection payday loan

Confessions of a Payday Lender: “I Felt Like a Modern-Day Gangster”

F ederal regulators previously this thirty days unveiled brand brand brand new guidelines directed at reining in payday loan providers plus the excessive costs they charge. Now expect you’ll hear lots of just just what one lender that is payday Phil Locke calls “the lies we might tell once we had been under assault.”

The rules that are new by the buyer Financial Protection Bureau are fairly simple, or even also a dissatisfaction for some customer advocates. Continue reading