CFPB Finds Four Away Of Five Pay Day Loans Are Rolled Over Or Renewed

CFPB Finds Four Away Of Five Pay Day Loans Are Rolled Over Or Renewed Studies have shown almost all of payday advances are created to Borrowers Caught in a Revolving Door of financial obligation WASHINGTON, D.C. — Today, the customer Financial Protection Bureau (CFPB) issued a study on payday lending discovering that four away from …