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Payday Lender Groups Argue Against Lifting CFPB Rule Stay

By Katie Buehler ( August 6, 2021, 5:25 PM EDT) -- Two trade groups representing payday lenders implored a Texas federal judge to deny the Consumer Financial Protection Bureau's motion to lift a 2018 stay imposed on its payday lending regulations, saying doing so would put their members in an even worse position than where they were before the stay....

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