BCH: Can You Repay Your Loan?

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By WGCL Digital Team (Watch)

Atlanta, GA (CBS46) – A new federal rule aimed at protecting borrowers from predatory lenders is set to take effect this August. The rule includes a key provision for borrowers to show they could repay their loan.

But the Consumer Financial Protection Bureau wants to take out that provision.

Better Call Harry checked with the advocacy group Georgia Watch to see how residents in our state could be affected.

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Source: WGCL

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