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Posts about the Consumer Financial Protection Bureau.

push, delay, extend

CFPB Now Extends Debt Collection Pre-Rule Activity Through February 2016

As these things tend to happen on Fridays, the CFPB has once again released its latest rulemaking agenda update. The previous update, in May, extended debt collection rulemaking pre-rule activities from April 2015 until December 2015. This latest update, released today, extends debt collection pre-rule activities schedule through February 2016. According to the CFPB, the […]


District Court in CFPB v. Hanna Denies Request to Certify Case for Interlocutory Appeal

The long and winding road in the Consumer Financial Protection Bureau (CFPB) lawsuit against the Frederick J. Hanna & Associates. P.C. law firm took another turn this week. On Monday, November 16th, The Honorable Amy Totenberg, United States District Court Judge for the Northern District of Georgia, issued an order denying Hanna’s request to certify […]

Action Alert

CFPB Brings Action Against Online Lender for Deceiving Borrowers

The Consumer Financial Protection Bureau (CFPB) took action yesterday against an online lender, Integrity Advance, LLC, and its CEO, James R. Carnes, for deceiving consumers about the cost of short-term loans. The Bureau alleges that the company’s contracts did not disclose the costs consumers would pay under the default terms of the contracts. The Bureau […]

kinder gentler

Does the 9th Edition of the CFPB’S Supervisory Highlights Signal a Kinder Gentler Regulator?

The latest edition of Consumer Financial Protection Bureau’s (CFPB) Supervisory Highlights (The Report) marks a bit of a departure from the past eight (8) reports of supervision activity. While The Report still focuses heavily on the significant deficiencies of consumer financial services entities to understand their compliance requirements from a lending, servicing, collecting and credit […]

checklist, checkbox, box

Will Federal Push to “Ban the Box” Affect Debt Collection Hiring Practices?

It isn’t uncommon for clients to push debt collection agencies to disqualify job candidates for criminal histories. Agencies may not be able to deliver on that demand much longer. Many states have already adopted a “ban the box” policy, which prohibits employers from asking about criminal convictions in job applications. (Check out our recent and […]