NATIONAL ASSOCIATION FOR LATINO COMMUNITY ASSET BUILDERS v. CONSUMER FINANCIAL PROTECTION BUREAU, et al.

  1. January 14, 2022

    CFPB Gets Payday Rule Rollback Challenge Tossed

    A D.C. federal judge threw out a case against the U.S. Consumer Financial Protection Bureau on Friday over the agency's decision to repeal ability-to-repay underwriting requirements for payday lenders, despite arguments from community advocates that the agency had used poor analysis to justify the rollback.

  2. October 29, 2020

    Advocates Sue To Undo CFPB's Rollback Of Payday Rule

    Community advocates filed a lawsuit in D.C. federal court Thursday challenging the Consumer Financial Protection Bureau's recent repeal of ability-to-repay underwriting requirements for payday lenders, arguing the agency used shoddy analysis and slanted reasoning to reach a preordained conclusion that shouldn't be allowed to stand.