Monthly Archives: January 2021

Watchdog agency to tackle military payday loan scams once again

The new leadership of the Consumer Financial Protection Bureau, or CFPB, has pledged to reject the Trump administration’s “relaxed approach” and resume targeting of payday loan scams that trap troops in endless cycles of indebtedness. Acting director Dave Uejio said on Thursday that the watchdog agency “would reverse policies of the last administration that weakened enforcement and oversight” of business ...

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