Three Concerns: Prof. Paul Goldsmith-Pinkham on Pay Day Loans and Customer Protection

Three Concerns: Prof. Paul Goldsmith-Pinkham on Pay Day Loans and Customer Protection On February 6, the manager for the customer Financial Protection Bureau (CFPB), Kathy Kraninger, announced a change that is major payday financing rules. The move weakened defenses instituted by the federal government by no more lenders that are requiring verify a borrower’s capability […]