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Illinois Attorney General Wages War Against Low-Wage Non-Competes
  • Fisher Phillips
  • USA
  • October 30 2017

Last week, the Attorney General of Illinois filed suit against Check Into Cash, LLC, alleging that the payday lender required its low-wage customer


Another Chapter In The Battle Against Non-Competes For Low Wage Workers In Illinois
  • Epstein Becker Green
  • USA
  • October 26 2017

Earlier this week, Illinois Attorney General Lisa Madigan sued payday loan company Check Into Cash of Illinois, LLC for allegedly requiring that all


Financial Services Update - Volume 12, No. 39
  • Winston & Strawn LLP
  • USA
  • October 16 2017

Efforts to repeal the Department of Labor’s (“DOL’s”) fiduciary rule are already well underway. On October 12th, the House Financial Services


CFPB Issues Final Rules on Payday and Vehicle Title LoansLittle Impact for Auto Lenders
  • Bradley Arant Boult Cummings LLP
  • USA
  • October 13 2017

The Consumer Financial Protection Bureau (CFPB) issued its final rule on payday, vehicle title, and certain high-cost installment loans. The new rule


Payday Debt Collector, Servicer Must Forgive $12M
  • Manatt Phelps & Phillips LLP
  • USA
  • October 12 2017

Shortly before the Consumer Financial Protection Bureau (CFPB) issued its payday loan rule, the New York Department of Financial Services (DFS


Key Takeaways From the CFPB’s Final Rule On Payday, Vehicle Title, and Certain High-Cost Installment Loans
  • Kilpatrick Townsend & Stockton LLP
  • USA
  • October 10 2017

On October 5, the Consumer Financial Protection Bureau (CFPB or Bureau) released its long-anticipated final rule on small dollar lending, which


Final Payday Lending Rule Released by the CFPB
  • Reed Smith LLP
  • USA
  • October 6 2017

On Thursday October 5, the Consumer Financial Protection Bureau (CFPB) issued a long-awaited final rule governing certain short-term loans and longer


CFPB Rule Requires Payday Lenders to Apply “Ability to Repay” Standard to Loans
  • Troutman Sanders LLP
  • USA
  • October 5 2017

Today the Consumer Financial Protection Bureau (“CFPB” or the “Bureau”) issued a new rule that will have a significant impact on the payday lending


CFPB Rule Requires Payday Lenders to Apply “Ability to Repay” Standard to Loans
  • Troutman Sanders LLP
  • USA
  • October 5 2017

Today the Consumer Financial Protection Bureau (“CFPB” or the “Bureau”) issued a new rule that will have a significant impact on the payday lending


NYDFS Announces Settlement to Provide Restitution and Loan Forgiveness to Consumers Affected by Payday Lending Practices
  • Buckley Sandler LLP
  • USA
  • September 27 2017

On September 25, New York Department of Financial Services (NYDFS) Superintendent Maria T. Vullo announced the Department had entered into a consent