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She’d borrow $300 and promise to pay for it right back within thirty days, with extra interest and charges. A rule under then President Barack Obama would make it harder for Angela to obtain her cash advance. Underneath the proposed guideline, which would not simply take impact, loan providers will have to determine that borrowers could manage to repay their loans. Now the bureau has proposed rescinding the guideline.

Mar 07, 2019 at 4:03 pm

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