Tag: CFPB

Federal Agencies Indicate Intentions to Tighten Data Security Controls

By: Casey Reilly Last month, two federal United States agencies, the Consumer Financial Protection Bureau (“CFPB”) and the Federal Trade Commission (“FTC”), indicated their separate intent to tighten existing consumer security protocols.  The CFPB issued a circular, which is a policy statement that advises relevant authorities on how to enforce federal laws related to consumer… Read More Federal Agencies Indicate Intentions to Tighten Data Security Controls

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At the Crossroads: The Consumer Financial Protection Bureau and Tribal Lending

The Tribal Lending industry has emerged as a method to circumvent traditional usury laws in the payday lending industry that protect consumers from themselves by taking on predatory loans. However, just as the Consumer Financial Protection Bureau (CFPB) was starting to take enforcement action against tribal lenders, the federal agency may be about to undergo a monumental shift in priorities.… Read More At the Crossroads: The Consumer Financial Protection Bureau and Tribal Lending

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