Do you offer or provide any financial products or services primarily for personal, family, or household purposes?
Are you an affiliate of a person or entity that offers or provides any financial products or services described below and you act as a service provider to such person or entity?
CFPB does not have authority.
Do the financial products or services you or your affiliate offer fall into any of the following categories?
- Extending credit and servicing loans;
- Extending or brokering leases of personal or real property if (i) the lease is on a non-operating basis; (ii) the initial term of lease is at least 90 days; and (iii) if lease involves real property and the transaction intended to transfer ownership of leased property to lessee;
- Providing real estate settlement services or performing appraisals of real or personal property;
- Engaging in deposit-taking activities, transmitting or exchanging funds, or acting as custodian of funds or any other financial instrument for use by or on behalf of a consumer;
- Selling, providing, or issuing stored value or payment instruments; except in transactions to sell or reload stored value, only if seller exercises substantial control over terms and conditions;
- Providing check-cashing, check collection, or check guaranty services;
- Providing payments or other financial data processing products or services to a consumer by any technological means, including processing or storing financial or banking data (except that (i) merchants and retailers of nonfinancial goods or services engaged in this conduct exclusively for purposes of initiating payment instructions, and (ii) providing access to a host server do not qualify);
- Providing financial advisory services (other than services related to securities provided by a person or entity regulated for such conduct), including credit counselling and debt services;
- Collecting, analysing, maintaining, or providing consumer report information (but not if (i) a person or entity (a) collects, analyses, or maintains the information solely for a transaction between the two parties; (b) provides the information to an affiliate; or (c) uses it only for offering or provision of a product or service that is not a consumer financial product or service; and (ii) the information is not used in connection with a decision regarding the offering of a consumer financial product or service to a consumer);
- Collecting debt related to any consumer financial product or service; or
- Such other financial product or service as may be defined by the CFPB.
Are you an insured depository institution or credit union or affiliate or service provider thereof with $10 billion or more in assets?
Are you an insured depository institution or credit union or affiliate thereof with $10 billion or less in assets?
CFPB has limited authority.
CFPB has authority.
If CFPB has authority it may:
- Issue rules, orders, and guidance;
- Conduct examinations and investigations;
- Enforce, implement, and punish violations of Federal Consumer Financial Laws.
- Do you offer or provide origination, brokerage, or servicing of loans secured by real estate for use by consumers primarily for personal, family, or household purposes, or loan modification or foreclosure relief services; or
- Are you a large participant of a market for other consumer financial products or services; or
- Do you offer or provide consumer private educations loans; or
- Do you offer or provide consumer payday loans; or
- Has CFPB received a large number of complaints indicating you engaged in conduct posing a risk to consumers related to consumer financial products or services?
If CFPB has limited authority it may:
- Include examiners on a sampling basis of the examinations conducted by primary regulator;
- Receive reports, records, and other information from primary regulator;
- Provide input to primary regulator. Note: The primary regulator has enforcement authority.