The consumer bureau is playing good with payday lenders beneath the leadership of Mick Mulvaney.

The customer Financial Protection Bureau (CFPB) is using it effortless on payday lenders accused of preying on low-income employees.

The CFPB said it is dropping sanctions against NDG Financial Corp, a group of 21 businesses that the agency, under President Obama, had accused of running “a cross-border online payday lending scheme” in Canada and the United States in the agency’s check into cash loans coupons first report to Congress since Mick Mulvaney took the helm in November.

“The scheme primarily included making loans to U.S. Continue reading →