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Consumers protected by the Payday Loan Rule

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Who are the consumers the Payday Loan rule is designed to protect?

Consumers who are "living paycheck to paycheck, have little to no access to other credit products, and seek funds to meet recurring or one-time expenses." (from the Summary of the rule in the Federal Register).


Learn more about John Burnett’s webinar The Payday Lending Rule – Update and status check

First published on 11/08/2020

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