Tag Archives: Changes
Recent Changes in Payday Loan Regulations: What Borrowers Need to Know Payday loans, often marketed as short-term solutions for unexpected financial emergencies, have long been a subject of regulatory scrutiny due to their high costs and potential to trap borrowers in cycles of debt
In recent years, both federal and state authorities have implemented significant changes to the rules governing these small-dollar, high-interest loans. This article outlines the key regulatory shifts and their implications for consumers. The Federal Landscape: The CFPB’s Evolving Role The
Changes to College Loan Laws Benefit Borrowers
Changes to College Loan Laws Benefit Borrowers College students, their parents, and graduates paying back student loans can all benefit from recent changes to federal loan laws, described below. Changes to Federal Loan Applications All new federal college loans will