Analysis

CFPB's Payday Lending Rule Faces Hazy Future

By Evan Weinberger (October 5, 2017, 9:30 PM EDT) -- The Consumer Financial Protection Bureau released a rule Thursday that for the first time would bring nationwide standards to the payday lending market, but whether the measure will ultimately take effect is unclear, experts say.

The CFPB's payday lending rule faces potential challenges on several fronts, including a possible rollback effort by the eventual successor of agency head Richard Cordray, pictured above, center, in 2015. (AP) The rule faces a potential vote to nullify it in Congress, litigation from an enraged industry and the potential for a new CFPB director appointed by President Donald Trump to roll it back when the...

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!