Small Dollar Lending and Alternative Consumer Financial Services

Federal & State Compliance

Lawyers in Hudson Cook, LLP’s Small Dollar Lending and Alternative Consumer Financial Services practice area have decades of combined experience assisting clients in the following industries with federal and state compliance:

Consumer Lenders
Lease-Purchase Providers
Internet Lenders
Lead Generators
Open-End Credit Providers
Bank Servicers
Buy Now, Pay Later Providers
Check Cashers
Credit Service Organizations
Installment Lenders
Money Transmitters
No-Cost Advance Providers
Pawnbrokers
Payday Lenders
Payment Processors
Rent-to-Own Providers
Sales Finance Companies
Small Dollar Lenders
Retail Installment Sellers
Tax Refund Providers
Title Lenders
Wage Advance Providers

Attorneys Practicing in this Area

INSIGHTS and Webinars

Lawyers in this practice area advise clients on federal and state lending and consumer protection laws, including:

Americans with Disabilities Act
CFPB UDAAP Rulemaking on Payday, Title, and High-Cost Installment Loans
E-Commerce: E-SIGN Act and the CAN-SPAM Act
Dodd-Frank Wall Street Reform and Consumer Protection Act and UDAAP activities
Electronic Fund Transfer Act and Regulation E
Equal Credit Opportunity Act and Regulation B
Fair Credit Reporting Act and Regulation V
Fair Debt Collection Practices Act and state collection practices acts
Federal Trade Commission Act
Federal Trade Commission Credit Rules
Gramm-Leach-Bliley Act and the Privacy and Safeguards Rules
Military Lending Act
Servicemembers Civil Relief Act and comparable state laws
State consumer protection laws
State licensing
State direct loan laws, including usury statutes, interest statutes, finance lender laws, small loan laws and consumer credit codes
State lease-to-own statutes
State pawnshop statutes
State tax refund anticipation loan statutes
State title lending statutes
Telemarketing and Consumer Fraud and Abuse Prevention Act and the Telemarketing Sales Rule
Telephone Consumer Protection Act and implementing Federal Communications Commission regulations
Truth in Lending Act and Regulation Z

Lawyers in this practice area assist clients with various aspects of their business, including:

Compliance Management Systems
Preparing consumer protection policies
Reviewing and updating compliance procedures
Advertising and website review
Assisting with training and oversight materials
Assisting with regulatory examinations
Providing guidance on new-product development
Obtaining regulatory guidance, non-enforcement opinions, and regulatory sandbox guidance
Plain language drafting revisions
Advising on consumer complaint risks
Preparing consumer disclosures and documentation
Resolving regulatory matters
Engaging in due diligence of compliance with consumer protection laws
Drafting consumer protection risk factors for investor filings
Preparing compliance assessments and gap analysis
Providing third-party compliance opinions
Advising on day-to-day compliance questions
Assisting in obtaining state licenses
Updating commercial agreements to include consumer protection requirements
Preparing state law surveys
Regulatory and litigation risk remediation

Attorneys Practicing in this Area

Frank Bishop, Jr.

Partner
207.541.9554
fbishop@hudco.com
Catherine M. "Cathy" Brennan

Partner
410.865.5405
cbrennan@hudco.com
David Hicks

Partner
423.490.7565
dhicks@hudco.com
Justin B. Hosie

Partner
423.490.7564
jhosie@hudco.com
Eric L. Johnson

Partner
405.602.3812
ejohnson@hudco.com
Erica A.N. Kramer

Partner
423.490.7568
ekramer@hudco.com
Nicole F. Munro

Partner
410.865.5430
nmunro@hudco.com
Aline C. Ryan

Partner
410.865.5410
acryan@hudco.com
H. Blake Sims

Partner
423.490.7563
bsims@hudco.com
K. Dailey Wilson

Partner
423.490.7567
dwilson@hudco.com

INSIGHTS

March 26, 2026

Consumer Financial Services Bites of the Month – March 18, 2026 – “March Wind’s Gonna Blow My Blues All Away.”

Justin B. Hosie

Partner

February 27, 2026

New York Criminal Usury as a Claim in Bankruptcy

Clayton C. Swears

Partner

February 25, 2026

Hudson Cook Enforcement Alert: DOJ Settles Case with Used Car Retailer over Alleged SCRA Violations

Kristen Yarows

Associate

February 11, 2026

State Watch: Consumer Protection Enforcement Update

Anastasia V. Caton

Partner

January 20, 2026

CFS Bites of the Month – 2025 Annual Review – Payments

Ryan S. Stinneford

Partner

December 04, 2025

Hudson Cook Enforcement Alert: FTC Settles with Institutional Apartment Operator over Fee Disclosures and Signals New Rulemaking

Jay Harris

Partner

August 29, 2025

Hudson Cook Enforcement Alert: FTC Issues Final Order Against AI Developer Over False Accuracy Claims in AI Content Detection

Michael A. Goodman

Partner

July 31, 2025

Consumer Financial Services Bites of the Month – July 16, 2025 – “July Morning with the CFPB”

Eric L. Johnson

Partner

July 23, 2025

Connecticut Finalizes First CTDPA Enforcement Action

Mark D. Metrey

Associate

April 28, 2025

Hudson Cook Enforcement Alert: FTC Takes Action against AI Company over Deceptive Accuracy Claims about AI Content Detection

Mark D. Metrey

Associate

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