Category Archives: Iowa payday loan

CFPB Proposed Payday Rules Fill Ca Customer Protection Void

CFPB Proposed Payday Rules Fill Ca Customer Protection Void

CFPB Proposed Payday Rules Fill Ca Customer Protection Void

GUIDELINES WILL PROVIDE NECESSARY PROTECTIONS FOR CALIFORNIA CUSTOMERS

March 26, 2015—Richmond, VA- Paulina Gonzalez, the executive manager of this California Reinvestment Coalition (CRC), will soon be today that is speaking a CFPB field hearing centered on payday lending, during that the CFPB will preview the proposed guidelines it is considering for payday, automobile name, deposit advance and particular high-cost installment and open-end loans.

Gonzalez circulated the following declaration:

“The California Reinvestment Coalition applauds the CFPB’s proposition to produce consumer that is strong for borrowers of high-cost payday along with other predatory loans like auto-title loans. Continue reading