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- Title
HIGHLIGHTS OF THE CFPB'S SHORT-TERM, SMALL-DOLLAR LENDING EXAMINATION PROCEDURES.
- Authors
Bostrom, Robert E.; Ornstein, Stephen F. J.; Samlin, Scott D.; Walker, Jerome
- Abstract
The article discusses the U.S. Consumer Financial Protection Bureau's (CFPB) release of its "Short-Term, Small-Dollar Lending Examination Procedures Manual" which supplements the bureau's "Supervision and Examination Manual" regarding bank regulators and their processes for determining compliance with U.S. federal consumer financial laws. The U.S. Fair Debt Collection Practices Act, which applies to third parties collecting debts on behalf of lenders, is also mentioned.
- Subjects
UNITED States; UNITED States. Consumer Financial Protection Bureau; BANKING policy; BANK compliance; BANKING laws; CONSUMERS; UNITED States. Fair Debt Collection Practices Act of 1978; COLLECTION laws; LEGAL status of consumers
- Publication
Banking Law Journal, 2012, Vol 129, Issue 4, p307
- ISSN
0005-5506
- Publication type
Article