LATEST ARTICLES
United States
Sheppard Mullin Richter & Hampton
Earlier this month, the Colorado legislature voted to approve HB23-1229, which would opt the State out of Section 521 of the Depository Institutions Deregulation...
Mayer Brown
Many industries continue to adapt to the prevalence of post-pandemic remote or hybrid work arrangements, and the consumer finance industry is no different.
Manatt, Phelps & Phillips LLP
In March, the Colorado legislature proposed HB 23-1229, which would, among other things, opt the state out of Sections 521 to 523 of the Depository Institutions Deregulation...
Ankura Consulting Group LLC
Consumer debt reached a new high in Q1 – passing $17 trillion for the first time ever. Consumer sentiment took a nosedive in May, dropping over 9% MTM, hitting its worst level since the historic...
Manatt, Phelps & Phillips LLP
Four federal agencies issued a unique Joint Statement this week on enforcement priorities related to "automated systems," including artificial intelligence (AI). The short, three-page statement...
Sheppard Mullin Richter & Hampton
On April 20, Washington Governor, Jay Inslee, signed into law HB 1311 creating new regulations for credit repair organizations (CROs) in the state. Among other things, the new law outlines...
Goodwin Procter LLP
On May 4, 2023, the CFPB issued a report titled Medical Credit Cards and Financing Plans (the "Report")
Mayer Brown
The spring season has brought with it amendments and proposed changes to collection agency licensing provisions, as state legislatures engaged in some "spring cleaning" to clarify and modernize existing laws.
Mayer Brown
The US Consumer Financial Protection Bureau (CFPB) has finalized its December 2022 preliminary determination that commercial finance disclosure laws recently enacted in California...
Cadwalader, Wickersham & Taft LLP
Resulting from a lawsuit by the California Reinvestment Coalition against the Consumer Financial Protection Bureau ("CFPB") in 2019 for its failure to promulgate a small business...
McDermott Will & Emery
The Consumer Financial Protection Bureau (CFPB) recently released an updated version of the "A Summary of Your Rights Under the Fair Credit Reporting Act" notice to job applicants...
Burford Capital
Litigation Funding Comparative Guide for the jurisdiction of United States, check out our comparative guides section to compare across multiple countries
Sheppard Mullin Richter & Hampton
On February 1, the CFPB announced a newly proposed rule aimed at ensuring that late fees charged on consumer credit card accounts are "reasonable and proportional" to late payments.
Kelley Drye & Warren LLP
On February 9, the FTC provided the CFPB with its annual summary of activities enforcing the Equal Credit Opportunity Act (ECOA).
Mayer Brown
The Consumer Financial Protection Bureau's (the "CFPB" or the "Bureau") latest move in its crusade against "junk fees" may hit closer to home for companies charging common...
Proskauer Rose LLP
In 2020, the background reporting agency in this case disclosed to an employer a conviction of an individual from 2011 who had applied for a job. Following receipt of the report...
Sheppard Mullin Richter & Hampton
In December, a Utah-based bank and its service provider entered into an assurance of discontinuance with the Iowa Attorney General and the Iowa Division of Banking, settling an investigation...
Goodwin Procter LLP
In Colorado, it is unlawful for a company that provides debt management services to also lend money or provide credit to the same consumer.
McGlinchey Stafford
The California Department of Financial Protection and Innovation (DFPI) has released the Translated Notice to Cosigner on its website, in anticipation of a January 1, 2023 effective date...
Sheppard Mullin Richter & Hampton
The U.S. Department of the Treasury recently released a report titled "Assessing Impacts of New Entrant Non-bank Firms on Competition in Consumer Finance Markets," a product of the Biden administration's effort to assess competition in different aspects of the economy.
Mondaq Webinars
FREE News Alerts
Sign Up for our free News Alerts - All the latest articles on your chosen topics condensed into a free bi-weekly email.
Comparative Guides
Curated Content
Popular Contributors
Bass, Berry & Sims
United States
Proskauer Rose LLP
United States
Winston & Strawn LLP
United States
Upcoming Events
JUN13
Webinar Washington, DC United States
JUN13
Webinar Los Angeles United States
Mondaq Advice Centres
