Following the U.S. Supreme Court ruling in the CFPB vs. CFSA case upholding the constitutionality of the CFPB, it is likely the Payment Provisions of the CFPB’s Small-Dollar Rule will go into effect in 2025. The Payment Provisions are complex and prescriptive. This workshop will review the likely compliance date for the Rules, followed by a review of the Rule’s provisions, and provide guidance in planning for compliance.
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