Request for Information Regarding Employer-Driven Debt

Title: Request for Information Regarding Employer-Driven Debt
Subject: Employer-driven debt
Agency: CFPB
Status:
Request for information
Summary:

The Consumer Financial Protection Bureau (CFPB or Bureau) is charged with monitoring markets for consumer financial products and services to ensure that they are fair, transparent, and competitive. As part of this mandate, the CFPB is seeking input from the public on debt obligations incurred by consumers in the context of an employment or independent contractor arrangement. Areas of inquiry include prevalence, pricing and other terms of the obligations, disclosures, dispute resolution, and the servicing and collection of these debts.

FR Doc: 2022-13030
Date proposed: June 9, 2022
Comments due date: Sept. 7, 2022
Effective date:

Rule compliance date:
Agency release:
Related Reg Report item(s):

Consumer bureau sets sights on employer-driven debt products, practices