Since the customer Financial Protection Bureau requires a visibly lenient approach toward payday loan providers, appropriate specialists additionally view a softer stance on loan providers claiming sovereign security from affiliation with Indian tribes.
In just one of their actions that are first acting CFPB manager, Mick Mulvaney voluntarily dismissed case against Golden Valley Lending and three other payday loan providers owned by the Habematolel Pomo of Upper Lake tribe, near Sacramento, Calif. Continuar leyendo «CFPB’s Mulvaney shows lighter touch with tribal lenders»