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JD Supra: CFPB’s Frotman speaks on medical debt collections and rental financial products
JD Supra· 1 day agoOn April 11, the General Counsel of the CFPB, Seth Frotman, delivered a speech at the National Consumer Law Center/National Association of Consumer Advocates Spring Training ...
As CFPB Targets BNPL Firms, Some Consumer ‘Protections’ Are Already in Place
PYMNTS.com· 1 day agoThe Consumer Financial Protection Bureau — with the wind of the recent Supreme Court ruling at the...
Buy Now, Pay Later Plans Could Be Counted as Credit Cards, CFPB Says
CNET· 1 day agoAll your buy now, pay later plans might soon be treated as credit card purchases. At least, that’s...
SoLo Funds under criticism by the CFPB despite saving over $40M in fees for underserved Americans
The Yuma Sun· 1 day agoThe CFPB misrepresented SoLo Funds, one of the nation's most affordable subprime loan options according to a 2023 report on cash-poor Americans. LOS ANGELES, May 22, 2024 ...
SCOTUS Upholds CFPB Funding Mechanism | JD Supra
JD Supra· 4 days agoIn a landmark decision issued on May 16, the Supreme Court held that the Consumer Financial Protection Bureau’s (CFPB) funding mechanism is constitutionally sound, as it does ...
Supreme Court Holds That CFPB’s Funding Is Constitutional, Clearing Way for Rulemaking Agenda
The National Law Review· 3 days agoGo-To Guide: On May 16, 2024, the U.S. Supreme Court held 7-2 that the Consumer Financial Protection...
Challenging the CFPB After CFPB v. CFSA | JD Supra
JD Supra· 3 days agoCommunity Financial Services Association of America, Ltd., holding that the CFPB’s unique funding mechanism does not violate the Appropriations Clause of the Constitution.
Column: The Supreme Court just handed another loss to Congress
Yakima Herald-Republic· 2 days agoThe result isn’t wrong, and should even have been expected; but the implicit invitation to Congress...
CFPB Announces New Compliance Deadlines for Small Business Lending Rule
The National Law Review· 2 days agoGo-To Guide: On May 17, 2024, the Consumer Financial Protection Bureau (CFPB) announced it will extend the compliance deadlines for its Small Business Lending Rule. When it ...
CFPB Says Buy Now, Pay Later Firms Must Comply With US Credit Card Laws - Slashdot
Slashdot· 1 day agoThe Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry have the same federal protections as users of credit cards. From a ...