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If you should be looking for cash — fast — make sure an online payday loan in fact is your final resort. Cash-strapped customers may have significantly more options than they understand.
The customer Financial Protection Bureau is proposing brand brand new guidelines to curtail lending that is payday the agency claims may lead borrowers into long-term “debt traps. “
The defenses would protect services and products payday that is including other short-term loans, auto-title loans and some high-cost installment loans. Continue reading