![201905bhr_paydaylendingrule_cfpb](/sites/default/files/multimedia_images_2019/201905bhr_paydaylendingrule_cfpb.jpg)
This ACE Cash Express outlet on San Mateo Boulevard in Albuquerque, New Mexico sits on a block with several small loan storefronts. The lenders who advance people money on their paychecks charge exorbitant interest rates that often snare the most vulnerable customers in a cycle of debt.
© 2015 Vik Jolly/AP Photo