Customer Bureau Scraps Restrictions on Payday Advances Loan providers spent years fighting prepared new guidelines which they said would gut a short-term lending market very often will leave borrowers caught with debt. The customer Financial Protection Bureau on Tuesday formally rescinded an idea to impose brand brand new limits on payday financing, handing the industry a victory that is major killing down tighter guidelines so it invested years lobbying to overturn. The proposed guidelines could have been the initial significant…