The CFPB has asserted publicly so it has authority to modify tribal payday lending.

The CFPB has asserted publicly so it has authority to modify tribal payday lending. Article X of this Act created the customer Financial Protection Bureau with plenary supervisory, rulemaking and enforcement authority pertaining to payday lenders. The Act will not distinguish between tribal and non-tribal loan providers. TLEs, which can make loans to customers, autumn […]