On October 5, 2017, the Consumer Financial Protection Bureau released its final rule for short-term loans. The nearly 1,700 page rule appears to follow the proposed short-term lending rule with several notable changes. Most...more
As we previously reported in our June 3, 2016 client alert, the Consumer Financial Protection Bureau (“CFPB”) has issued a Notice of Proposed Rulemaking for short-term loans (“Proposed Rule”). In this follow-up alert, we take...more
7/21/2016
/ Ability-to-Repay ,
Consumer Financial Protection Bureau (CFPB) ,
Debt Collection ,
Fair Lending ,
Lending ,
Loans ,
NCUA ,
NPRM ,
Payday Loans ,
Private Right of Action ,
Proposed Rules ,
Request For Information ,
Short-Term Loans ,
UDAAP