The CFPBвЂ™s Payday Lending Rule is a Grand Slam for Banks and Credit Unions
ItвЂ™s hard to believe itвЂ™s been seven years because the creating associated with CFPB, however itвЂ™s simple to keep in mind just what fueled its creation вЂ“ a crisis that is financial People in america hadnвЂ™t seen considering that the Great Depression. And that which was the most flammable fuels in the fire? Mortgages. Particularly, mortgages that customers couldnвЂ™t nвЂ™t afford, could comprehend, as well as which, in years prior, could not have qualified.