WASHINGTON, D.C. - The Middle for Accountable Lending (CRL) applauds a federal court ruling out of Texas, which rejected a Joint Motion by the Consumer Monetary Protection Bureau (CFPB) and the payday lenders that was intended to delay the compliance date for the CFPB's Payday Rule. Instalment loans are widely recognized by the fact they're paid again in equal installments every month to the lender.