Payday loan providers won’t have to confirm whether individuals to arrive to obtain short-term, high-interest loans could be in a position to spend them straight straight back, the customer Financial Protection Bureau stated this week.
The brand new guideline reverses one written underneath the national government that could have needed loan providers to consider someone’s income and other month-to-month payments — like rent, kid help or pupil debt — before going for that loan. Continuar lendo CFPB rolls back restrictions on payday loan providers