NextGen Financial Services Report Information and analysis of legalities impacting the Financial solutions

NextGen Financial Services Report Information and analysis of legalities impacting the Financial solutions

Information and analysis of legalities impacting the Financial solutions Industry

The Consumer Financial Protection Bureau (CFPB) has proposed a regulation that would impose numerous requirements regarding small-dollar lending as discussed in our previous post. Unquestionably, that rule will be significant as it would begin a nationwide, federal standard for covered small-dollar loans, and loan providers could maybe maybe perhaps perhaps perhaps not circumvent the rule’s needs by selecting which state or states to work in. Read more…