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Truth in Lending Act (TILA) For Profit Education

Hudson Cook, LLP

CFPB Bites of the Month - July 2023 - Freedom, Independence, and Celebration From the CFPB

Hudson Cook, LLP on

In this month's article, we share some of our top "bites" for the prior month covered during the July 2023 webinar. Bite 10: Public Inquiry Launched into Credit Card and Loan Products for Healthcare Costs - On July 7,...more

Goodwin

CFPB and States Launch Enforcement Action Related to Student Loans

Goodwin on

​​​​​​​On July 13, 2023, the CFPB and various state attorneys general, along with California’s Department of Financial Protection and Innovation, filed an adversary proceeding against a sales training company for deceptive...more

Ballard Spahr LLP

CFPB’s Claims under CFPA Survive Legal Challenges, but TILA Claim Is Time-Barred

Ballard Spahr LLP on

In a civil action brought by the Consumer Financial Protection Bureau involving student loans, an Indiana federal court recently granted in part and denied in part a motion to dismiss by ITT Educational Services, Inc. The...more

Ballard Spahr LLP

CFPB’s claims under CFPA survive challenge by for-profit education company but TILA claim held to be time-barred

Ballard Spahr LLP on

An Indiana federal court recently granted in part and denied in part the motion of ITT Educational Services, Inc. to dismiss the CFPB’s complaint. As we previously reported, the CFPB’s complaint alleged that ITT engaged in...more

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