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Tens of Thousands of Handwritten Comments Support Reconsideration of Small-Dollar Lending Rule

May 16, 2019 | Federal & CFPB Regulations

Vast majority of overall comments support reconsideration, urge CFPB to protect access to credit...

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CFSA Submits Statement for the Record on House Financial Services Committee Hearing

April 30, 2019 | Federal & CFPB Regulations

CFSA Submits Statement for the Record on House Financial Services Committee Hearing...

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CFSA Statement on New CFPB Small-Dollar Lending Rule

February 6, 2019 | Federal & CFPB Regulations

We are pleased by today’s announcement that the CFPB is proposing to rescind part of its 2017 final rule and to delay the compliance date. These rulemakings are good first steps, and we appreciate that the CFPB has recognized some of the critical flaws of the final rule as promulgated during former Director Richard Cordray’s tenure. ...

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Statement on Confirmation of Kathy Kraninger as BCFP Director

December 6, 2018 | Federal & CFPB Regulations

CFSA congratulates Kathy Kraninger on her confirmation as BCFP Director. The BCFP deserves a Director who will listen to consumers and rely on unbiased data and research to guide its work. ...

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Court Stays Compliance Date of Small-Dollar Lending Rule

November 7, 2018 | Federal & CFPB Regulations

Court Stays Rule Implementation While Bureau Revisits Rulemaking...

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Unsealed Government Documents Prove Federal Cover-Up in Operation Chokepoint

October 12, 2018 | Operation Chokepoint

Emails and Depositions Expose Secret Campaign to Choke Off Banking Relationships with Lawful Businesses ...

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FTC, DOJ Return More Than $500 Million to Consumers Harmed by Illegal Lenders

September 27, 2018 | Access to Credit

FTC, DOJ Return More Than $500 Million to Consumers Harmed by Unlawful, Unscrupulous Lender...

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Bureau’s Small-Dollar Loan Rule Already Causing Irreparable Harm to Businesses in Advance of 2019

September 17, 2018 | Federal & CFPB Regulations

CFSA Files Preliminary Injunction to Stop Bureau Rule to Prevent Further Financial Costs, Store Closings and Employee Layoffs
...

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