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FCA proposes cost cap for payday loan providers

FCA proposes cost cap for payday loan providers Individuals making use of payday loan providers as well as other providers of high-cost credit that is short-term begin to see the price of borrowing autumn somewhat under proposals established by the Financial Conduct Authority (FCA) today. The FCA’s proposals for a limit on payday lending suggest

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Course Action Alleges Navient Misled Scholar Loan Borrowers About FFELP Repayment Alternatives

Course Action Alleges Navient Misled Scholar Loan Borrowers About FFELP Repayment Alternatives Navient Corporation is probably the defendants in still another proposed course action that alleges the business misled education loan borrowers. The 23-page issue alleges Navient, dealing with an “existential risk” following the passage through of a federal legislation this year that ended the

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