The average expedited fee is $3.18 but typically ranges from $1 to $5.99, according to CFPB data, while workers who utilize direct-to-consumer paycheck advance products can pay as much as $14.99 ...

The Consumer Financial Protection Bureau is cracking down on so-called paycheck advance ... "The CFPB's actions will help workers know what they are getting with these products and prevent race ...

“Paycheck advance products are often marketed to and designed for employers, rather than employees,” CFPB Director Rohit Chopra said. “The CFPB’s actions will help workers know what they ...

The CFPB’s action on employer-sponsored paycheck advance programs follows previous efforts to crack down on exploitative payday loan products, which have a reputation for high interest rates and ...

(The Hill) — The Consumer Financial Protection Bureau (CFPB) proposed a new rule Thursday that would categorize popular paycheck advance products as consumer loans, which the agency says will ...

July 18 (UPI) --The Consumer Financial Protection Bureau Thursday proposed a new rule treating paycheck advance products as consumer ... the U.S. industry and crack down on malicious activity.

The Consumer Financial Protection Bureau (CFPB) proposed a new rule Thursday that would categorize popular paycheck advance products as consumer loans, which the agency says will ensure lenders ...