On December 15, the Board of Governors of the Federal Reserve System and the CFPB issued joint final rules amending the official interpretations to their regulations implementing the Consumer Leasing ...

A U.S. Army staff sergeant filed a class action complaint in Cook County Circuit Court last week, alleging the fintech company Klover engaged in predatory lending practices in violation of the ...

On September 23, the Massachusetts Division of Banks finalized amendments to the Small Loans Law, the Truth in Lending Act, and the Mortgage Lender and Broker Licensing Law. The changes update ...

Since the federal Truth in Lending Act doesn’t extend protections for small businesses seeking commercial loans, a handful of states, including New York, have stepped up to help small-business ...

The Consumer Financial Protection Bureau weighed in again as to whether earned wage access should be considered credit under the Truth in Lending Act in a new advisory opinion Monday, and formally ...