Consumer Protection Agency Proposes Rules on Payday Loans

http://rss.nytimes.com/c/34625/f/640316/s/44d47b33/sc/36/l/0L0Snytimes0N0C20A150C0A30C270Cbusiness0Cdealbook0Cconsumer0Eprotection0Eagency0Eproposes0Erules0Eon0Epayday0Eloans0Bhtml0Dpartner0Frss0Gemc0Frss/story01.htm

The rules proposed by the Consumer Financial Protection Bureau would require lenders to assess customers’ ability to repay short-term loans.

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