Posted inChopra, Rohit Consumer Financial Protection Bureau Content Type: Service Mobile Applications Payday Loans Personal Finances Prices (Fares, Fees and Rates) Regulation and Deregulation of Industry Wages and Salaries
What to Know About Online Paycheck Advances and Why They Face Scrutiny
The Consumer Financial Protection Bureau has proposed a rule that would treat the offerings as loans, requiring the providers to disclose their charges as interest rates.