All payday lenders articles

  • Blog post

    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 post

    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 post

    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.