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On October 5, the customer Financial Protection Bureau (CFPB or Bureau) released its long-anticipated rule that is final tiny buck financing, which takes care of payday, automobile name, and specific high-cost installment loans.1 The rule that is final 12 C.F.R. role 1041, which produces customer defenses for many credit items, and follows the CFPB’s June 2016 issuance of a proposed guideline...
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