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Posted on October 20, 2020 at 11:37 pm

CRC Executive Director Speaks at CFPB Field Hearing on Pay Day Loans

CRC Executive Director Speaks at CFPB Field Hearing on Pay Day Loans

GUIDELINES WILL ADDRESS PERSISTENT ISSUES THOUGH POTENTIAL LOOPHOLES CONTINUE

March 26, 2015, Richmond, VA—Paulina Gonzalez, executive manager of this California Reinvestment Coalition(CRC), talked previous today at a CFPB industry hearing. Throughout the hearing, the CFPB previewed the proposed guidelines it really is considering for payday, automobile name, deposit advance and specific high-cost installment and open-end loans.

Editor’s note: Did you skip the CFPB hearing? Always check away our weblog to see 8 crucial takeaways through the hearing. Read the rest of this entry »