Customer protection bureau cracks down on payday loan providers with tough nationwide laws The nation’s top consumer monetary watchdog on Thursday issued tough nationwide laws on payday as well as other short-term loans, looking to avoid loan providers from using cash-strapped People in america. The rules that are long-awaited the customer Financial Protection Bureau — the initial broad federal laws — would require lenders more often than not to evaluate whether a customer can repay the mortgage. “The CFPB’s brand…