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Industry, Advocates Scramble for Last Word on Payday Lending, Morning Consult

October 05, 2016

As the comment period on the Consumer Financial Protection Bureau’s proposed rules on small-dollar loans closes Friday, industry voices, lawmakers and consumer groups are clamoring for the regulator’s ear.

Opponents are hoping the agency changes a proposal they say could ruin an important industry, but there has been little indication that regulators are sympathetic to that plea.

Of counsel Melissa Hall is quoted.

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