The CFPB Just Told Payday Lenders and Title Loan Companies: “Go Ahead—Take the Money and Run”
Remember that federal watchdog designed to protect us from financial payday lenders as predators? Yeah… they just rolled over. As of March 30, 2025, the Consumer Financial Protection Bureau says it won’t enforce two of the most critical rules meant to rein in payday lenders: And they say this applies to Payday, Vehicle Title, and …