The CFPB Released a Small Entity Compliance Guide

Payday, Vehicle Title, and High-Cost Installment Lending Rule: Payment Related Requirements

Small Entity Compliance Guide

On June 28, 2019, the Bureau updated the small entity compliance guide  summarizing the Payday Lending Rule’s payment-related requirements.  The guide has been updated to incorporate the changes that the Delay Final Rule made to the 2017 Payday Lending Rule.

 

 

For more information, see here:  https://files.consumerfinance.gov/f/documents/cfpb_payday_small-entity-compliance-guide.pdf

 

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