Planned changes to federal consumer protections highlight lack of state guardrails

Planned changes to federal consumer protections highlight lack of state guardrails

The Consumer Financial Protection Bureau is undergoing changes with big implications for a variety of consumer finance issues — including medical debt.

CFPB proposes to rescind rule requiring nonbanks to register certain agency enforcement and court orders

The CFPB is proposing to rescind its rule that requires certain nonbank entities to register covered agency enforcement and court orders. Specifically, the rule applies to any supervised or non-supervised nonbank that engages in offering or providing consumer financial products or services and any of its service provider affiliates unless excluded.... Continue Reading