Consumer Financial Protection Bureau Begins Accepting Payday Loan Complaints

by Gary Kopycinski on November 7, 2013

Gary Kopycinski Author

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WASHINGTON, D.C.—(ENEWSPF)—November 6, 2013. The Consumer Financial Protection Bureau (CFPB) is now accepting complaints from borrowers encountering problems with payday loans. Payday loans, also known as “cash advances” or “check loans,” are often short-term, small-dollar loans, generally for $500 or less.