CFPB Finalizes Rule to end Payday Debt Traps. The CFPB rule is designed to stop financial obligation traps by setting up spot ability-to-repay that is strong.

CFPB Finalizes Rule to end Payday Debt Traps. The CFPB rule is designed to stop financial obligation traps by setting up spot ability-to-repay that is strong. The Consumer Financial Protection Bureau on Thursday finalized a guideline targeted at stopping debt that is payday by needing loan providers to determine at the start whether individuals are