June 02, 2016 BY LeapRate Staff

After Google ad ban, Obama administration looks to regulate Payday lenders

It has been a tough month for Payday loan providers. After Google decided to ban online ads for Payday lenders, comes news that today the US government is looking to unveil new rules to regulate the industry. Some industry observers believe that the 'new rules', if implemented, could drive the lenders out of business entirely,…

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