The Consumer Financial Protection Bureau (CFPB) should implement regulations that require lenders to verify a borrower's ability to repay, limit the duration of debt, and prohibit mandatory electronic access to a borrower's bank account.

Authors

• Person: Not available Organization: Maine Center for Economic Policy
  Predatory Lending — An Explainer - MECEP

Sources

• Predatory Lending — An Explainer - MECEP www.mecep.org Maine Center for Economic Policy via serper

Referenced by nodes (1)

• Consumer Financial Protection Bureau entity