All payday lenders articles
-
Blog
CFPB settles payday lending enforcement action
A federal district court in the Western District of Missouri has approved a settlement between the CFPB and the owners of 20 interrelated corporate entities in the payday lending industry. The owners, it is alleged, illicitly accessed consumer bank accounts.
-
Blog
CFPB is latest agency questioned over fake comments
Energy and Commerce Ranking Member Frank Pallone, Jr. (D-N.J.) is requesting an investigation into the "widespread submission of fake public comments" during the CFPB's consideration of its payday lending rule.
-
Blog
CFPB’s new director backs away from ‘payday rule’
President Trump’s pick to head the Consumer Financial Protection Bureau has initiated the first step toward delaying implementation of a controversial “payday rule” enacted in October.