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Tribal Lands Consumer Financial Protection Bureau (CFPB)

McGuireWoods LLP

CFPB Online Loan Suit Sent to California

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In the most recent development in the CFPB’s two-year-old lawsuit alleging unfair, deceptive, and abusive practices by several online lenders, on September 23, 2015, Massachusetts U.S. District Judge George O’Toole, Jr.,...more

Goodwin

CFPB Denies Payday Lender’s Petition to Set Aside Civil Investigative Demand

Goodwin on

The CFPB denied two online payday lenders’ petition to set aside a civil investigative demand. The lenders claimed they are chartered under the laws of federally recognized Indian tribes and therefore, the CFPB’s...more

Ballard Spahr LLP

CFPB denies petition by tribal payday lenders to set aside CIDs

Ballard Spahr LLP on

On September 26, the CFPB issued a 10-page order denying a petition filed jointly by three tribal payday lenders that asked the CFPB to set aside the civil investigative demands (CIDs) the lenders received from the CFPB. The...more

Ballard Spahr LLP

CFPB issues tribal consultation policy

Ballard Spahr LLP on

The CFPB has issued a “Policy for Consultation with Tribal Governments.” The policy sets forth the principles that will guide such consultation, including the CFPB’s commitment “to regular and meaningful consultation and...more

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