Mass. A.G. Campbell Leads Multistate Effort To Protect Consumers From Harmful Practices Of Predatory Paycheck Advance Services
September 05, 2024
September 05, 2024
BOSTON, Massachusetts, Sept. 5 -- Massachusetts Attorney General Andrea Joy Campbell issued the following news release:
Attorney General Andrea Joy Campbell has led a multistate coalition of 14 attorneys general in supporting a proposed rule by the Consumer Financial Protection Bureau (CFPB) that would recognize paycheck advance products, which are typically mobile applications marketed as earned wage advances or earned wage access (EWA) products, as consumer loans. Accordingly, the . . .
Attorney General Andrea Joy Campbell has led a multistate coalition of 14 attorneys general in supporting a proposed rule by the Consumer Financial Protection Bureau (CFPB) that would recognize paycheck advance products, which are typically mobile applications marketed as earned wage advances or earned wage access (EWA) products, as consumer loans. Accordingly, the . . .