CFPB Seeks Payday Lending Limits

The Consumer Financial Protection Bureau soon will release its first draft of regulations aimed at governing a wide range of short-term loans - including credit backed by car titles, some installment loans and often-criticized payday loan. Collection & Credit Risk

By |2017-05-20T11:45:12-05:00February 10th, 2015|FDCPA|Comments Off on CFPB Seeks Payday Lending Limits

Kentucky Lawmaker Proposes Payday Loan Limits

Kentucky State Sen. Reggie Thomas, D-Lexington, pre-filed a bill with the Kentucky General Assembly to cap the amount of interest charged by payday loan lenders. Collection & Credit Risk

By |2014-09-25T10:42:38-05:00September 25th, 2014|FCRA|Comments Off on Kentucky Lawmaker Proposes Payday Loan Limits

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