The Bureau expects to issue proposed rules in January 2019 that will reconsider the Bureau's rule regarding Payday, Vehicle Title, and Certain High-Cost Installment Loans and address the rule's compliance date.
The Bureau of
Consumer Financial Protection (Bureau) today began meetings in Washington, D.C.
with members of its revamped Consumer Advisory Board, Community Bank Advisory
Council, and Credit Union Advisory Council. This is the first joint gathering
of these three panels of experts, who advise Bureau leadership on a broad range
of consumer financial issues and emerging market trends.
The Bureau of Consumer Financial Protection (Bureau) today issued a
report and Request for Information (RFI) regarding the Bureau’s sources of data
and how data is used. The report provides transparency into how the Bureau
collects and uses data and the accompanying RFI gives the public an opportunity
to comment on those practices.
The Bureau of Consumer Financial Protection (Bureau) today issued an interim final rule updating two model disclosures to reflect changes made to the Fair Credit Reporting Act (FCRA) by recent legislation.