Alerts
June 8, 2016
Memorandum on CFPB's Proposed Rule on Payday, Vehicle Title, and Certain High-Cost Installment Loans
On June 2, 2016, the Consumer Financial Protection Bureau issued its long-anticipated proposed rule imposing substantive limitations on certain short term and longer-term loans. We have prepared the attached memorandum expanding upon our prior alert on the proposed rule.
Prior Alert:
CFPB Proposes Rule to Curtail Short-term Lending
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