BizFed voted to oppose the federal Consumer Financial Protection Bureau’s (CFPB) proposal to govern payday loans, title loans, deposit advance products, and some installment loans. If CFPB rules are implemented, regulated lenders will face increased operating costs, and an unsustainable decrease in revenue, which would force many to close their doors and lay off employees.
Now that the Legislature is On Recess – Here’s What You Need to Know
As you know, the state legislature adjourned this past Friday for their month-long summer recess. It was also the deadline...
