Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
Bureau reconsidering payday rule, set to take effect Tuesday; rulemaking process in future
The payday loan rule, scheduled to take effect now, may be reconsidered, the Consumer Financial Protection Bureau (CFPB) said Tuesday. In a statement, the bureau said it intends to engage in a rulemaking process that […]