Menu Donate Now

Month: May 2016

New Federal Regulations Will Soon Affect Pay Day Lenders

Posted on

Last month, the Consumer Financial Protection Bureau  issued a report on online payday loan payments  and plans to release a set of regulations governing the industry in the near future. These regulations will require the lender to assess the borrowers ability to repay before giving a loan. They will also limit the lenders’ access to borrowers’ Read More…