CFPB urges court to reject challenge to Payday Rule’s re payment conditions

CFPB urges court to reject challenge to Payday Rule’s re payment conditions On October 23, the CFPB filed a cross-motion for summary judgment within the U.S. District Court for the Western District of Texas in ongoing litigation involving two loan that is payday teams (plaintiffs) in regards to the Bureau’s 2017 last rule covering pay day loans, automobile name loans, and particular other installment loans (Rule). As formerly...

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