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Stepping Back? CFPB Reconsiders Protecting Cash Advance Borrowers

Stepping Back? CFPB Reconsiders Protecting Cash Advance Borrowers The Consumer Financial Protection Bureau (CFPB) may be taking steps to undo them after several years of working to pull together borrower-friendly rules for the payday lending industry. The agency has not yet started the official “undoing” process, but Mick Mulvaney, the acting director, announced in a …