Attorney General Becerra Issues Statement in Support of CFPB’s Payday Lending Rule

October 5, 2017Contact: (415) 703-5837, agpressoffice@doj.ca.govSACRAMENTO – California Attorney General Xavier Becerra issued the following statement in support of the Consumer Financial Protection Bureau’s (CFPB) Payday Lending Rule, which will prevent the worst harms associated with short-term payday lending:
“I applaud the Consumer Financial Protection Bureau for taking action today to rein in abusive payday loan vendors. Sadly, many of these b