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