Learn discovers federal proposals may prefer big loan providers, meaning less choices and greater prices for low-income borrowers.

Learn discovers federal proposals may prefer big loan providers, meaning less choices and greater prices for low-income borrowers. April 2, 2015 — the customer Financial Protection Bureau recently outlined guidelines it intends to suggest that destination tighter restrictions on high-interest, “payday” and loans that are auto-title. Nevertheless the long-awaited guidelines might have unintended effects that …