R. Andrew Arculin
Venable LLP
Articles
The Impact of AMG Capital Management on Consumer Financial Services Enforcement
USA - April 30 2021 In a unanimous opinion on April 22, 2021, the United States Supreme Court held in AMG Capital Management, LLC v. Federal Trade Commission that…
Allyson B. Baker, Meredith L. Boylan, Erin Zacuto Cass, Allen H. Denson, Peter S. Frechette, Leonard L. Gordon, Jonathan L. Pompan
Illinois Joins States Capping Consumer Loan Interest Rates at 36%
USA - April 22 2021 Through the recent Predatory Loan Prevention Act (PLPA), which imposes a 36% APR cap on interest rates for consumer loans under $40,000, Illinois…
Past Is Prologue? The CFPB Reiterates Its Commitment to Consumers' Ability to Repay Small Dollar Loans
USA - March 25 2021 The CFPB has signaled that it is back to business as usual when it comes to certain high-cost consumer loans and "sustained use." As you may recall…
CFPB Clarifies that the ECOA Protects Sexual Orientation and Gender Identity
USA - March 23 2021 A newly effective CFPB Interpretive Rule expands the scope of the Equal Credit Opportunity Act (ECOA) and Regulation B to encompass sexual…
CFPB Rescinds 2020 Policy Statement on "Abusive" Acts or Practices
USA - March 23 2021 The CFPB has rescinded its January 2020 Policy Statement regarding the Bureau's approach to "abusive" acts or practices under the Consumer Financial…
