Legal Support, Rules and Underwriting

Search:

DAY

WEEK

MONTH

YEAR

Select your country:
Sign up | Log in

Legal Support

Rules

Underwriting

CFPB Payday Lending Rules 2.0 — What’s Next

PYMNTS

FEBRUARY 7, 2019

While there were many provisions to the payday lending rules as originally passed, the one that caused the greatest controversy was the “ability to repay” provision that would have required short-term lenders to establish a borrower’s ability to repay before offering them a small-dollar, short-term lending product. The Path To Revision.

CFPB

CFPB Rules Consumer Financial Protection Bureau (CFPB) Regulations

CFPB To Overhaul Payday Lending Rule

PYMNTS

FEBRUARY 6, 2019

The rule, which was supposed to go into effect in August, was meant to federally regulate short-term loans geared toward low-income customers. The Consumer Financial Protection Bureau (CFPB) said it will now postpone the rule until Nov.

CFPB

CFPB Consumer Financial Protection Bureau (CFPB) Rules Underwriting

Payments Space

CFPB Payday Lending Rules 2.0 — What’s Next

CFPB To Overhaul Payday Lending Rule

Stay Connected