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Customer advocates: brand New defenses on high-interest, short-term loans simply simply take ‘first step’

Customer advocates: brand New defenses on high-interest, short-term loans simply simply take ‘first step’ Fast money is a name loan lender with 12 places in metro Phoenix. (Picture by Jesse Stawnyczy/Cronkite Information) PHOENIX – customers seeking last-minute loans will quickly have brand new defenses. The buyer Financial Protection Bureau, an unbiased federal agency founded last year following the Great Recession, issued a ruling final thirty days to control alleged “predatory” financing techniques, a move some...

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