The Consumer Financial Protection Bureau (CFPB) released a recent report that highlights the upcoming regulations that the bureau intends to impose on payday loans. These new regulations are expected to limit lenders’ access to consumers’ bank accounts, a practice that results in overdraft fees and the closings of accounts. The agency’s coming rule is the first effort by the federal government to rein in small-dollar short-term loans, for which interest rates can climb to as much as 500%