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Banks › Internet Lenders › Consumer Financial Protection Bureau (CFPB)

Hudson Cook, LLP

Despite Noble Intentions, Va. Usury Bill Is Bad For Consumers

Hudson Cook, LLP on

In the last few years, state legislatures have enacted legislation to curtail online bank lending in response to advocacy efforts by consumer activists. Such programs, in which nonbank financial technology companies...more

Stinson - Corporate & Securities Law Blog

CFPB Month in Review for August 2016

Stinson - Corporate & Securities Law Blog on

In case you missed it, here is what the Consumer Financial Protection Bureau (CFPB) was up to over the last month: Enforcement Actions and Litigation - Enforcement Action Against First National Bank of Omaha - ...more

Ballard Spahr LLP

DOJ lawsuit sends warning to banks dealing with online payday lenders, third-party payment processors, other targeted companies

Ballard Spahr LLP on

Last month, the CFPB filed its first lawsuit against companies involved in online payday lending. The lawsuit against CashCall and several related companies that funded, purchased, serviced and collected online payday loans...more

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