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Results: 1-10 of 855

Pennsylvania district court denies payday lender’s transfer request to bankruptcy court
  • Buckley Sandler LLP
  • USA
  • April 6 2018

On April 3, the U.S. District Court for the Eastern District of Pennsylvania denied a motion to move an action, filed by a group of online payday


CFPB appeals $10 million order in payday lender suit
  • Buckley Sandler LLP
  • USA
  • March 30 2018

On March 27, the CFPB filed a notice of appeal to the U.S. Court of Appeals for the 9th Circuit in response to a district court’s order that an


Florida allows 60 - 90 day payday loan
  • Buckley Sandler LLP
  • USA
  • March 23 2018

On March 19, the Florida governor signed legislation, SB 920, which authorizes the lending of an additional type of payday loan (referred to as


Lifting of Longstanding OCC Consent Order May Signal Improved Environment for Bank Partnerships
  • Pepper Hamilton LLP
  • USA
  • March 20 2018

On February 14, the Office of the Comptroller of the Currency (OCC) terminated a longstanding cease-and-desist order against payday lender ACE Cash


Payday lender settles with California DBO for interest rate cap avoidance
  • Buckley Sandler LLP
  • USA
  • March 15 2018

On March 12, the California Department of Business Oversight (DBO) announced a $160,000 settlement with the California subsidiary of a payday lender


3rd Circuit holds payday lender’s arbitration clause unenforceable
  • Buckley Sandler LLP
  • USA
  • March 1 2018

On February 27, the U.S. Court of Appeals for the 3rd Circuit held that an arbitration clause is unenforceable if the corresponding forum selection


Judge orders $10 million in penalties against payday lender, rejecting CFPB’s request for $51 million in penalties and $235 million in restitution
  • Buckley Sandler LLP
  • USA
  • January 23 2018

On January 19, a federal judge for the U.S. District Court for the Central District of California ordered an online loan servicer and its affiliates


CFPB plans to reconsider payday rule
  • Buckley Sandler LLP
  • USA
  • January 18 2018

On January 16, the CFPB announced plans to reconsider its final rule addressing payday loans, vehicle titles loans, and certain other extensions of


CFPB Issues Final Payday and Installment Loan Rule
  • Krieg DeVault
  • USA
  • January 3 2018

The Consumer Financial Protection Bureau (the “CFPB” or the “Bureau”) released their Payday, Vehicle Title and Certain High Cost Installment Loans


CFPB’s Payday Loan, Auto Lending Rules in Jeopardy
  • Manatt Phelps & Phillips LLP
  • USA
  • December 28 2017

More Consumer Financial Protection Bureau rules may be reversed as lawmakers moved to dismantle both the payday loan rule and the auto lending rule