Spring Bank Applauds CFPB Efforts to Rein in Cash Advance Excesses
2020-11-28
Spring Bank Applauds CFPB Efforts to Rein in Cash Advance Excesses Spring Bank’s “Borrow & Save” and Credit Builder Loans are currently assisting brand new Yorkers Avoid Predatory Lenders & Build Assets Spring Bank, a community bank situated in the Southern Bronx, commends the customer Financial Protection Bureau for proposed guidelines that could end payday debt traps by ensuring customers can repay their loans. Spring Bank has provided loan products which closely stay glued to the CFPBs recommendations-and then some. The lender’s “Borrow & Save” and “Credit Builder” loans had been designed to assist customers access affordable dollar that is small while providing opportunities toRead More →