Pre-CFPB Federal Regulation of Payday Lending

Pre-CFPB Federal Regulation of Payday Lending Ahead of the enactment associated with the Dodd-Frank Act (the Act), federal enforcement of substantive customer financing regulations against non-depository payday lenders had generally speaking been restricted to civil prosecution by the Federal Trade Commission (FTC) of unjust and misleading functions and techniques (UDAP) proscribed by federal legislation. Though […]

Pre-CFPB Federal Regulation of Payday Lending Read More »