NAFCU Asks CFPB to Exempt All Payday Alternative Loans from Payday Lending Rule
← Previous Article Next Article → Last October, when the agency was still helmed by former Director Richard Cordray, the Consumer Financial Protection Bureau finalized a rule that required lenders to determine up front whether people can afford to repay...
CFPB Teams Up With International Regulators to Create Global Financial Innovation Network
← Previous Article Next Article → Yesterday, the Consumer Financial Protection Bureau (CFPB) announced a new partnership with 11 financial regulators and related organizations to create the Global Financial Innovation Network (GFIN). According to a press...
Sens. Booker, Brown Take Aim at Overdraft Fees
← Previous Article Next Article → Last week, U.S. Senators Cory Booker (D-N.J.) and Sherrod Brown (D-Ohio) introduced legislation targeting what they see as “exploitative overdraft fees that banks charge consumers when they make a purchase or pay a bill but...
