CFPB Ignores Complaint Information in Targeting Payday Lenders

CFPB Ignores Complaint Information in Targeting Payday Lenders

If the customer Financial Protection Bureau began releasing consumer that is monthly information a year ago, Director Richard Cordray hailed the move, stating that “consumer complaints would be the CFPB’s compass and play a main part in every thing we do. They assist us determine and focus on issues for prospective action.” Provided these responses, its increasingly hard to comprehend the CFPB’s reason for the rulemaking procedure for payday lending presently underway. ادامه مطلب …