Federal & CFPB Regulations

CFPB’s Small-Dollar Lending Rule a Blow to Consumers

October 31, 2017 | Federal & CFPB Regulations

The Consumer Financial Protection bureau has released its final rule on small-dollar lending after what it says was “five years of research, outreach and a review of more than a million comments.” ...

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Out-of-Touch CFPB Ignores Consumers, Issues Final Small-Dollar Lending Rule

October 5, 2017 | Federal & CFPB Regulations

Dennis Shaul, CEO of the Community Financial Services Association of America (CFSA), today released the following statement regarding today’s...

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Illegal Obama-Era Program Rebuked as Federal Court Green-Lights Lawsuit Against Government

July 6, 2017 | Federal & CFPB Regulations

ALEXANDRIA, VA – The U.S. District Court for the District of Columbia yesterday issued a stinging rebuke of the Obama administration’s ...

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A Victory for Transparency as Court Orders Discovery in Operation Choke Point Lawsuit

May 10, 2017 | Operation Chokepoint

Alexandria, VA – The Community Financial Services Association of America (CFSA) released the following statement regarding a decision by...

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Short-Term Lenders File For Emergency Relief from Illegal Operation Choke Point Program

November 28, 2016 | Operation Chokepoint

Last Wednesday, November 23, the Community Financial Services Association of America (CFSA) and Advance America filed an emergency
...

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CFSA Projects More Than One Million Customers Voice Opposition to CFPB’s Restrictive Payday Lendin

October 5, 2016 | Access to Credit

Alexandria, Va. –The Community Financial Services Association of America (CFSA) anticipates that more than one million concerned Americans will have...

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More Than 172,000 Public Comments On CFPB Payday Lending Rule Portal Set A New CFPB Record

September 27, 2016 | Access to Credit

Alexandria, Va. – The Consumer Financial Protection Bureau’s (CFPB) short-term credit rule comment portal has received more than 172,000 ...

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CFPB Buried, Ignored Positive Payday Loan Customer “Tell Your Story” Testimonials It Requested

September 6, 2016 | Federal & CFPB Regulations

Alexandria, Va. – New documents released today reveal for the first time more than 12,000 positive testimonials that payday loan customers submitted to the ...

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