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Aug 22, 2014 Amy Cantu, communications director of the Community Financial Services Association of America, a trade group based in Alexandria, Va., said payday loans provide crucial credit to consumers struggling through the recession and the resulting tightened lending at banks. "The 2008 recession changed 

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Apr 25, 2016 The CFPB has issued a new report entitled "Online Payday Loan Payments," summarizing data on returns of ACH payments made by bank customers to These assertions lead us to expect that the Bureau may propose new proposed restrictions on multiple same-day submissions of payment requests.