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One research, two visions that are vastly different CFPB payday guidelines

One research, two visions that are vastly different CFPB payday guidelines

Whenever Columbia University legislation teacher Ronald Mann undertook a study of 1,000 cash advance clients to ascertain it would take to repay a loan, little did he know that the resulting study would become a lightning rod in the drafting of the first federal regulation for small-dollar lenders if they could estimate how long. Continue reading «One research, two visions that are vastly different CFPB payday guidelines»