PYMNTS

OCTOBER 6, 2017

But today, the journey came to an end as the CFPB has offered its final ruling on the future of the payday and title lending industry in this country. That destruction is necessary, according to CFPB director Richard Cordray. Notably, we have no intention of disrupting lending by community banks and credit unions,” Cordray noted.

CFPB 51

CFPB Regs Rules Credit Union 51

PYMNTS

OCTOBER 6, 2017

But today, the journey came to an end as the CFPB has offered its final ruling on the future of the payday and title lending industry in this country. That destruction is necessary, according to CFPB director Richard Cordray. Notably, we have no intention of disrupting lending by community banks and credit unions,” Cordray noted.

Rules 40

Rules CFPB Credit Union Regulations 40

PYMNTS

OCTOBER 11, 2017

Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. Most concerning, this rule completely disregards the concerns and needs of actual borrowers, who value this credit option and told the CFPB as much in the record 1.4

Rules 43

Rules CFPB NCUA Credit Union 43