Customer Corner: Mulvaney Offers Payday Lenders a free of charge Pass

Customer Corner: Mulvaney Offers Payday Lenders a free of charge Pass

In January, the buyer Financial Protection Bureau (CFPB), beneath the way of Mick Mulvaney, dropped case against a payday mortgage lender with a brief history of billing as much as 950 per cent interest on small-dollar loans. This move is a component associated with the interim director’s strategic plan to deregulate and defang the buyer agency, that he repeatedly criticized as being a congressman. Continue reading “Customer Corner: Mulvaney Offers Payday Lenders a free of charge Pass”