Monthly Archives: July 2020

Trump CFPB allows payday loans to people who cannot repay

WASHINGTON – The Consumer Financial Protection Bureau has published a final rule On Tuesday, this makes it easier for payday lenders to extend high-interest loans to people who may not be able to repay them. The CFPB rule overrides an Obama-era requirement that payday lenders must first assess whether someone …

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How to weigh the pros and cons of online loans

Note that the student loan situation has changed due to the impact of the coronavirus outbreak and the relief efforts of the government and many lenders. Check out our Student Loans Hero Coronavirus Information Center for news and additional details. * * * Whether you’re using a budget tracker app …

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