The CFPB Plans On Regulating Payday Lenders, But What Will The Unintended Consequences Be?
![The CFPB Plans On Regulating Payday Lenders, But What Will The Unintended Consequences Be? The CFPB Plans On Regulating Payday Lenders, But What Will The Unintended Consequences Be?](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/f3852ff3f9997cca0dc52c14499cc452-600x450.jpg?itok=QoYcByJX)
The Consumer Financial Protection Bureau (CFPB) plans to crack down on payday lenders, moving to regulate high-interest, low dollar loans that are made by storefront lenders to an estimated 12 million lower-income households living paycheck to paycheck.