Dennis Shaul, CEO for the Community Finance Services Association, which represents payday loan providers, concedes that some perform borrowers do enter into difficulty and could be best off with longer-term loans that may be paid back as time passes.

January 10, 2021 South Carolina payday loan

Dennis Shaul, CEO for the Community Finance Services Association, which represents payday loan providers, concedes that some perform borrowers do enter into difficulty and could be best off with longer-term loans that may be paid back as time passes. But the CFPB’s is said by him guidelines derive from a misperception regarding the dangers to