The CFPB is considering two tapering options.

The CFPB is considering two tapering options. The contemplated proposals would offer loan providers alternate needs to adhere to when creating covered loans, which differ dependent on whether or not the loan provider is building a short-term or longer-term loan. The CFPB relates to these options as “debt trap avoidance requirements” and “debt trap security …

The CFPB is considering two tapering options. Read More »