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Mon, April 12

Financial watchdog to gut most of its payday lending rules

A manager of a financial services store in Ballwin, Mo., counts cash being paid to a client as part of a loan. The nation's federal financial watchdog has announced its plans to roll back most of its consumer protections governing the payday lending industry. (Sid Hastings/AP, File)

A manager of a financial services store in Ballwin, Mo., counts cash being paid to a client as part of a loan. The nation's federal financial watchdog has announced its plans to roll back most of its consumer protections governing the payday lending industry. (Sid Hastings/AP, File)

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