Brand new U.S. guideline on pay day loans to harm industry, boost banks: agency

Brand new U.S. guideline on pay day loans to harm industry, boost banks: agency WASHINGTON (Reuters) – Revenues for the $6 billion cash advance industry will shrivel under a fresh U.S. guideline limiting loan providers’ ability to profit from high-interest, short-term loans, and far associated with company could go on to tiny banking institutions, in […]