Consumer, Legal Support and NOV

Morgan Lewis Principal Weighs In On Payday Loan Debate

PYMNTS

FEBRUARY 18, 2019

The Consumer Financial Protection Bureau ( CFPB ) said earlier in the month that it will look to overhaul a number of payday loan regulations that were put in place in 2017 and were slated to go into effect in August of this year. This may be an election issue, given that the proposal pushes the date off to Nov.

Consumer Financial Protection Bureau (CFPB)

Consumer Financial Protection Bureau (CFPB) CFPB Verification Legal Support

CFPB To Overhaul Payday Lending Rule

PYMNTS

FEBRUARY 6, 2019

The Consumer Financial Protection Bureau (CFPB) said it will now postpone the rule until Nov. The bureau’s proposal suggests there was insufficient evidence and legal support for the mandatory underwriting provisions in the 2017 final rule,” the CFPB said.

CFPB

CFPB Consumer Financial Protection Bureau (CFPB) Rules Underwriting

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Morgan Lewis Principal Weighs In On Payday Loan Debate

CFPB To Overhaul Payday Lending Rule

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