CFPB rolls right right right back ‘ability-to-repay’ percentage of payday financing guideline. The conditions could have restricted the sheer number of consecutive, short-term loans a debtor could just take down, and will have needed loan providers to validate borrowers’ income.

CFPB rolls right right right back ‘ability-to-repay’ percentage of payday financing guideline. The conditions could have restricted the sheer number of consecutive, short-term loans a debtor could just take down, and will have needed loan providers to validate borrowers’ income. Dive Quick: The buyer Financial Protection Bureau (CFPB) on Tuesday eliminated the “ability-to-repay” conditions from …