The CFPB Underestimated the effect that the Proposed Rule might have on Credit Unions

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The CFPB Underestimated the effect that the Proposed Rule might have on Credit Unions The CFPB states that depository institutions and credit unions with less than ten billion dollars in assets rarely originate loans that would be covered short-term loans in the proposed rule. It further states that a few of these organizations do originate […]