Data Will Be Key In Evaluating CFPB Payday Proposal

By Evan Weinberger (May 31, 2016, 8:26 PM EDT) -- The federal government's consumer finance watchdog is expected to face tough scrutiny of the data it used to write first-of-their-kind rules for payday, auto title and other short-term loans when it unveils a formal proposal later this week.

The Consumer Financial Protection Bureau is expected to release a proposal that will govern the way payday loans are issued and collected, among other changes, that could fundamentally alter the way the industry operates and do away with some market participants. Consumer advocates say they hope that the coming proposal will be the next step in eliminating the perils of those financial products,...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!