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CFPB Issues Analysis on Consumers of Buy Now, Pay Later Products

USA - March 3 2023 As we reported here, late last year, the Consumer Financial Protection Bureau (CFPB) signaled that it planned to increase scrutiny of the Buy Now…

Christopher J. Capurso, Jason M. Cover, Mark J. Furletti, James Kim, Jeremy Sairsingh, Chris Willis

Illinois Becomes Latest State to Introduce Small Business Truth in Lending Act

USA - March 1 2023 On February 16, Illinois State Representative Hoan Huynh (D) introduced HB3064, the Small Business Truth in Lending Act, that would impose certain…

Mark J. Furletti, Caleb N. Rosenberg, Jeremy T. Rosenblum

The CFPB and FTC Continue to Focus on Tenant Screening

USA - February 28 2023 On February 28, the Federal Trade Commission (FTC) and Consumer Financial Protection Bureau (CFPB) jointly issued a Request for Information, seeking…

David N. Anthony, Timothy "Tim" J. St. George, David M. Gettings, Julie D. Hoffmeister, Ronald I. Raether Jr.

No More Confusion: New York Federal Court Finds Communications Between Attorneys Are Not Actionable Under the FDCPA

USA - February 27 2023 After lengthy discovery and litigation, a U.S. district court judge in the Western District of New York ended a class action lawsuit by holding that…

Courtney Hitchcock

Troutman Pepper Weekly Consumer Financial Services Newsletter

USA - February 27 2023 On February 25, during the G20 Finance Ministers and Central Bank Governors Meeting in Bengaluru, India, India announced that a global…

Elizabeth M. Briones, Thailer Buari, John E. “Jed” Komisin, Addison J. Morgan, Ethan G. Ostroff