CFPB holds hearing on payday and auto title loans in Richmond, VA
CFPB Monitor
MARCH 30, 2015
On March 26, the CFPB held a public hearing on payday and auto title lending, the same day that it released proposed regulations for short-term small-dollar loans. The Commissioner of Virginia’s Bureau of Financial Institutions, E. ” Cordray explained and defended the CFPB’s proposed new regulations.
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