CFPB Adds Payday Lender FAQs

On August 11, 2020, the CFPB added a number of FAQs to their existing Payday Lending FAQs which were originally released on July 7, 2020. The updated FAQs cover questions in the following topic categories:

  • Covered loans

  • Payment transfers

  • Payment notices

The full FAQs can be found here.

Free FDIC Insurance Coverage Webinars for Bankers

New HMDA FAQs