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The buyer Financial Protection Bureau on Thursday is proposing brand new laws to protect customers from predatory financing methods that the CFPB’s top regulator call Americans are being “create to fail” by payday and lenders that are auto-title Richard Cordray,...

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A Main that is former Line banker referred to as “Godfather of payday lending” for preying on low-income borrowers ended up being sentenced Friday to 14 years in federal jail and stripped of over $64 million in assets, reports philly.com. “In this industry, to construct a...