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Community Financial Services Association of America, Ltd. et al v. Consumer Financial Protection Bureau et al

  1. October 01, 2021

    CFPB Can Implement Payday Lending Regs Amid Appeal

    The Consumer Financial Protection Bureau's remaining payday loan regulations can go into effect next year while trade groups challenging the rule take their fight to the Fifth Circuit, a Texas federal judge has said.

  2. September 10, 2021

    Trade Groups Want Payday Rule Pause Extended For Appeal

    After a Texas federal judge upheld the Consumer Financial Protection Bureau's remaining payday loan regulations, the trade groups that sued to block them are asking for the regulations to remain suspended while they take their fight to the Fifth Circuit.

  3. September 01, 2021

    CFPB Beats Suit Challenging Payday Lending Regs

    A Texas federal judge has rejected a payday loan industry-backed legal challenge to the Consumer Financial Protection Bureau's remaining payday lending regulations, clearing the way for them to take effect next year after a lengthy stay.

  4. August 06, 2021

    Payday Lender Groups Argue Against Lifting CFPB Rule Stay

    Two trade groups representing payday lenders implored a Texas federal judge to deny the Consumer Financial Protection Bureau's motion to lift a 2018 stay imposed on its payday lending regulations, saying doing so would put their members in an even worse position than where they were before the stay.

  5. July 23, 2021

    CFPB Seeks To Lift Stay On Payday Rule's Compliance Date

    The Consumer Financial Protection Bureau has urged a Texas federal judge to lift a stay imposed on its payday lending regulations after a 2018 challenge, arguing that a recent U.S. Supreme Court ruling invalidated any lingering reasons to keep the provision on ice.

  6. November 23, 2020

    Trade Groups Press Case In CFPB Payday Rule Suit

    Two payday lender trade groups told a Texas federal judge that the Consumer Financial Protection Bureau still hasn't shown why it should be allowed to move forward with the remainder of its 2017 payday lending rule, pressing to bring their more than two-year-old court challenge to a close.

  7. October 26, 2020

    CFPB Goes To Bat In Texas For Remainder Of Payday Rule

    The Consumer Financial Protection Bureau has urged a Texas federal judge to reject a lawsuit from payday lender trade groups challenging the remainder of the agency's payday rule, saying their complaints about the regulations boils down to "policy disagreements" that aren't enough to carry the day.

  8. September 28, 2020

    Trade Groups Seek Quick Win In CFPB Payday Rule Challenge

    The Consumer Financial Protection Bureau must start from scratch and conduct a new notice-and-comment rulemaking process for the payments provisions in its payday rule, two payday lender trade groups told a Texas federal judge.

  9. August 21, 2020

    Suit Challenging CFPB's Payday Rule OK'd To Resume

    A Texas federal judge has cleared a path for the Consumer Financial Protection Bureau and two payday lender trade groups to resume battling over what's left of the agency's payday rule, lifting a more than two-year-old litigation stay so they can square off over the rule's remaining — and still delayed — payments-focused provisions.

  10. March 11, 2019

    CFPB Says 5th Circ. Case Looms Over Payday Rule Suit

    The Consumer Financial Protection Bureau told a Texas federal judge on Friday that while it did not want to resume an industry-backed lawsuit that challenges its payday lending rule, a potential Fifth Circuit ruling on the agency's constitutionality in a separate case could trigger part of the suit to move forward.

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