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Cash advance regulators consider credit prices, period of financial obligation

Cash advance regulators consider credit prices, period of financial obligation Sunday WASHINGTON – distressed by consumer complaints and loopholes in state regulations, federal regulators are piecing together the first-ever guidelines on payday advances geared towards assisting cash-strapped borrowers avoid dropping into a period of high-rate financial obligation. The customer Financial Protection Bureau claims state rules regulating the $46 billion lending […]