Payday Loan Rules And Regulations Still Too Weak?

By Shawn Lee Martin


payday-loan-rules-and-regulations

New rules that went into effect this last spring brought on by the Consumer Protection Bureau have been touted as great progress!

They are helping make payday loans less risky but are the new payday loan rules and regulations still too weak?

Many are concerned they have not taken their efforts far enough.

In this article, we will explore these new rules and regulations, what they are and how they may affect the use of payday loans and if they are strong enough to make a difference in today’s borrowing trends.

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