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Pre-CFPB Federal Regulation of Payday Lending

Pre-CFPB Federal Regulation of Payday Lending Ahead of the enactment associated with Dodd-Frank Act (the Act), federal enforcement of substantive customer financing guidelines against non-depository payday lenders had generally speaking been restricted to prosecution that is civil the Federal Trade Commission (FTC) of unjust and misleading functions and techniques (UDAP) proscribed by federal legislation. Even […]

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