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Jun 1, 2016 CFPB's PROPOSED PAYDAY RULE IS BETTER WITHOUT. LOOPHOLE BASED SOLELY ON A BORROWER'S INCOME. A limit on loan payment size of 5% of income will not ensure affordable loans and prevent borrower harm. The Consumer Financial Protection Bureau's (CFPB) recently proposed rule 

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Apr 30, 2015 Related article: A new payday loan alternative · New Ways for Employers To Make Affordable Payday Loans to Workers. TRANSCRIPT: The federal government right now through the Financial Protection bureau is trying to write rules governing payday loans. Payday loans are loans where even if you don't