Brand brand New U.S. guideline on payday loans to hurt industry, boost banks: agency

Brand brand New U.S. guideline on payday loans to hurt industry, boost banks: agency WASHINGTON (Reuters) – profits when it comes to $6 billion cash advance industry will shrivel under a fresh U.S. guideline limiting loan providers’ ability to benefit from high-interest, short-term loans, and far associated with company could go on to small banking institutions, in line with the country’s customer watchdog that is financial. (daha&helliip;)

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