01.27.22
On January 20, 2022, the Consumer Financial Protection Bureau (CFPB) announced that it will examine postsecondary schools’ “in-house” lending practices (the Announcement).
01.25.22
The Infrastructure Investment and Jobs Act, H.R. 3684, commonly referred to as the infrastructure bill, was signed into law by President Biden on November 15, 2021.
01.18.22
Illinois adopted a first-of-its-kind law regulating entities that advise consumers about college or career searches, financial aid, or scholarships, or that assist with planning, preparing or submitting applications on behalf of a consumer.
01.11.22
2021 is in the books…another eventful year on so many different fronts.
01.05.22
Commercial finance providers doing business in New York will have more time to comply with New York’s new law requiring consumer-like disclosures to be made for certain types of commercial financing.
12.23.21
An exemption from the California lender licensing law for a person making a single commercial-purpose loan in a rolling 12-month period is about to “sunset” in California, impacting persons who have relied upon the exemption, including when structuring transactions through ...
12.22.21
On December 15, 2021, the New York State Department of Financial Services published proposed amendments to the state’s debt collection regulations.
12.20.21
On December 16, 2021, the Consumer Financial Protection Bureau announced a “market monitoring” inquiry into “buy now, pay later” credit offered by five companies.
12.14.21
Earlier this month, the California Department of Financial Protection and Innovation sent an email with the attention-grabbing subject line “Want to continue operating in California?
11.04.21
In late October, the Consumer Financial Protection Bureau (CFPB) sent a shot across the bow at Big Tech’s use of consumer payments data.