Ex-CFPB-Director-Starts-Payday-Loan-Consulting-Company-Single-Most-Promising-Product

By | Jun 10, 2013

By Jer Trihouse: Raj Date, a former director of The CFPB has formed a consultancy to focus on bank sponsored payday loan/small dollar loan products. He’s quoted as saying, “Is it a product that is expensive because it can be? Because overdraft sets a price umbrella, and traditional payday sets a price umbrella,” so banks […]

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