Federal regulators turn to control lending that is payday. Payday financing is usually looked at as an exploitive, misleading industry that traps hopeless borrowers in rounds of financial obligation that will continue for months.

Federal regulators turn to control lending that is payday. Payday financing is usually looked at as an exploitive, misleading industry that traps hopeless borrowers in rounds of financial obligation that will continue for months. NY – Federal regulators proposed a clampdown on payday loan providers along with other high interest loans on Thursday, the initial