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Payday Lending Spree into the Backyard of CFPB “Acting Director” Mick Mulvaney

Showing dependence on Strong Federal Rule, Payday Lenders Bend Over Backward to Avoid Regulations in Mulvaney’s Residence State of sc

WASHINGTON, D.C. – While OMB Director Mick Mulvaney undermines the customer Financial Protection Bureau (CFPB) from Washington, D.C., payday lenders in their house state of sc continue steadily to effectively bypass state legislation in order to avoid laws demonstrating the significance of the CFPB’s tough brand new rule reining in the worst abuses associated with the predatory industry. Continuer la lecture