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Consumer Lenders › Fair Credit Reporting Act (FCRA) › Consumer Protection Laws

Orrick, Herrington & Sutcliffe LLP

CFPB dismisses case against lease-to-own finance company

Orrick, Herrington & Sutcliffe LLP on

On May 27, the CFPB submitted its motion to dismiss a lawsuit with prejudice filed against a lease-to-own finance company and several other entities. As previously covered by InfoBytes, the CFPB sued the lease-to-own finance...more

Sheppard Mullin Richter & Hampton LLP

CFPB Drops Two More Major Lawsuits 

Sheppard Mullin Richter & Hampton LLP on

The CFPB has recently dismissed two more enforcement actions—one against a major credit reporting agency and another against a lease-to-own financing provider. Both lawsuits involved allegations of abusive, unfair, and...more

Orrick, Herrington & Sutcliffe LLP

New York Fed report on credit insecurity highlights regional disparities and improvements

Orrick, Herrington & Sutcliffe LLP on

Recently, the New York Fed’s released a report titled, “Credit Insecurity in the United States, 2018-2023,” which examined the state of credit security across the U.S. over a five-year period. It introduced the Credit...more

Orrick, Herrington & Sutcliffe LLP

CFPB voluntarily dismisses enforcement action with prejudice

Orrick, Herrington & Sutcliffe LLP on

On February 21, the CFPB voluntarily dismissed its case against an online lending platform, ending a suit filed in May 2024. As previously covered by InfoBytes, the CFPB sued the platform last spring, alleging it violated the...more

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