Let me make it clear about Small-dollar loans The CFPB's Payday Rule: an improvement Finalized in 2017, the Payday Rule 4 desired to subject small-dollar lenders to strict requirements for underwriting short-term, high-interest loans, including by imposing improved disclosures and enrollment needs and a responsibility to find out a debtor's cap cap ability to settle numerous kinds of loans. 5 right after...