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Consumers are getting new protections from predatory lenders, and the lenders are outraged

The Consumer Financial Protection Bureau is cracking down on some of the payday lending industry‚Äôs most abusive practices, and boy are payday lenders getting whiny about it. So very¬†whiny‚ÄĒand all kinds of poutraged. ‚ÄúThe CFPB has made eminently clear that it cares little for preserving consumers‚Äô ability to access credit, or conducting a rulemaking process grounded in sound data,‚ÄĚ said Jamie Fulmer, the spokesperson for lender Advance America, in a statement Wednesday.
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