Category Archives: payday advance loans

The CFPB Finds Payday and Deposit Advance Loans Can Trap Consumers with debt

The CFPB Finds Payday and Deposit Advance Loans Can Trap Consumers with debt Sustained Utilization Of Loans Raises Consumer Protection Concerns WASHINGTON, D.C. —Today, the buyer Financial Protection Bureau (CFPB) issued a study on deposit and payday advance loans discovering that for all customers the products trigger a period of indebtedness. Free financing standards, high […]