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DFPI marks success in implementation of the California Consumer Financial Protection Law

Collection Industry News

As of the end of 2021, the DFPI had three pending regulation packages pursuant to the CCFPL: 1) complaint procedures, 2) commercial financing UDAAP, and 3) phase one registration categories. Proposed registration includes debt settlement services, student debt relief services, postsecondary education financing, and wage-based advances.

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US Treasury Secretary Janet Yellen Discusses Digitization of the American Economy; States Digital Asset Regulation Should Be “Tech Neutral”

Troutman Sanders

Today, many working-class Americans remain dependent upon intermediaries, such as check cashers and payday lenders, to obtain swift access to their paychecks in exchange for large processing fees to avoid the up to two-day processing time of banks. dollar, to escape the volatility associated with the broader digital asset market.

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How to Ensure Financial Security in the Future–in 12 Steps

Credit Corp

List ongoing monthly expenses in four categories: fixed costs that stay the same every month (such as a mortgage or rent payment); variable expenses that change each month but are “must-buy” items (such as food, gas, and medicine); savings (it’s a mandatory “bill”); and spending money. This will tell you how much you have to spend.

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11 Easy Tips to Become Independently Wealthy [and what it means]

Credit Corp

This way, you won’t delay your plan by putting more debt on a credit card or taking out an expensive payday loan. Credit cards , payday loans, long-term loans, and mortgages all have one thing in common–interest. By the time you repay your loan, you’ll have paid the lender a lot of your hard-earned money.

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