ALL CFS Blog Entries

SEC – CFTC Harmonization Event Rescheduled to Jan. 29Insights from the CFPB's Latest Report on Credit Invisibility

All Entries

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – May 12, 2026Maryland Enacts Sweeping Earned Wage Access Reforms, Bans Tipping

Arbitration

Virginia's New Arbitration Fairness Act: What Businesses Need to Know About SB 227Virginia Supreme Court Sets High Bar for Vacating Arbitration Awards for "Evident Partiality"

Auto Finance

Price Tags and Pitfalls: Inside the FTC–Maryland Dealer SmackdownAuto Finance Year in Review, Part 2: Security Clearances, Supervisory Lines, and Connected Cars

Background Screening

FTC and Arizona AG Reach $2.6 Million Settlement with Motor Vehicle Dealer Over Alleged Deceptive and Discriminatory Sales and Financing PracticesCFPB Proposed Rule Banning Reporting of Medical Debt

Banking

Second Circuit on Remand in Cantero: New York Escrow-Interest Law Is Preempted, Over a Vigorous DissentDOJ Extends Title II ADA Web Accessibility Rule Compliance Deadlines for State and Local Governments

Bankruptcy

Bankruptcy 101 for Consumer Creditors: Automatic Stays, Discharge Injunctions, and Common PitfallsTurning Point for Digital Assets: 2025 Year in Review and What Comes Next

Better Business Bureau (BBB)

Join Us on August 10 for a Webinar on A Review of the New York Cybersecurity FrameworkBetter Business Bureau Data Show Sharp Decline in Debt Collection Complaints

Class Actions

Fifth Circuit Holds TCPA Does Not Require Prior Express Written Consent for Telemarketing CallsIllinois Supreme Court Redefines Concrete Injury Requirement in No-Injury Cases

Consumer Financial Protection Bureau (CFPB)

Governor Newsom Taps Former CFPB Director Rohit Chopra to Lead New Business and Consumer Super‑Agency in CaliforniaHUD Signals Narrower Fair Housing Act Enforcement Focus, Heightened Scrutiny of Special Purpose Credit Programs

Consumer Financial Services

FCC Proposes Enhanced "Know-Your-Customer" Rules for Voice Providers to Combat Illegal Robocalls2025 Consumer Financial Services Year in Review and a Look Ahead

COVID-19

New York Federal Court Finds Failure to Review Account Notes When Investigating a Dispute Could Be Considered Reckless Under the FCRANinth Circuit Rejects Constitutional Challenge to Nevada Medical Debt Legislation; Also Finds Legislation Not Preempted by FDCPA or FCRA

Credit Reporting + Data Brokers

Point-of-Sale Finance Series: Evolving Collection Rules Impacting CreditorsBankruptcy 101 for Consumer Creditors: Automatic Stays, Discharge Injunctions, and Common Pitfalls

Cryptocurrency + FinTech

Colorado Rewrites Its AI LawPositioning Delaware as a Digital Asset Hub: A Look at Senate Bills 16 and 19

Dear Mary (Advice Column)

When to Notify Your Cyber Carrier of a Security IncidentSEC Cybersecurity Incidents Disclosures: Materiality, Decryptors, and Ransom Payments

Debit + Prepaid Cards

CFPB Releases Semiannual Regulatory Agenda Amid House Financial Services Committee Leaders' Calls to Halt RulemakingCFPB Finalizes Rule on Overdraft Fees for Large Financial Institutions

Debt Buyers + Collectors

Charting a Course for Collections: Diagnosing Compliance and Privacy Risks in Medical DebtPoint-of-Sale Finance Series: Evolving Collection Rules Impacting Creditors

Depository Institutions

Tenth Circuit Grants En Banc Rehearing in Colorado DIDMCA Opt-Out Case, Vacating Prior Panel DecisionNCUA Proposes GENIUS Act Licensing Framework for Credit Union Stablecoin Issuers

Events + Webinars

Join Us at the OLA Legal Issues Conference for a Panel on Federal Enforcement in 2023Join Us September 24, 2022, for the 16th Annual National Conference of Vietnamese American Attorneys

Fair Lending

Governor Newsom Taps Former CFPB Director Rohit Chopra to Lead New Business and Consumer Super‑Agency in CaliforniaHUD Signals Narrower Fair Housing Act Enforcement Focus, Heightened Scrutiny of Special Purpose Credit Programs

FCRA

March Consumer Litigation Filings: TCPA Cools Off Slightly, FCRA/FDCPA and CFPB Complaints Heat UpNew York's Ban on Employment Credit Checks Takes Effect April 18

FCRA Focus

California DFPI's Next Target: Credit Reporting IndustryResellers in the Middle: Duties, Data, and Defenses Under the FCRA

FDCPA

March Consumer Litigation Filings: TCPA Cools Off Slightly, FCRA/FDCPA and CFPB Complaints Heat UpFebruary Consumer Litigation Filings: TCPA Up Big

Featured Posts

Colorado Rewrites Its AI LawGovernor Newsom Taps Former CFPB Director Rohit Chopra to Lead New Business and Consumer Super‑Agency in California

Federal Trade Commission (FTC)

Price Tags and Pitfalls: Inside the FTC–Maryland Dealer SmackdownFTC Warning Letters Signal Continued Federal Focus on Debanking and Financial Access

Health Care

Charting a Course for Collections: Diagnosing Compliance and Privacy Risks in Medical DebtSixth Circuit Holds Tennessee PBM Network and Steering Rules Are ERISA‑Preempted

Investors

Turning Point for Digital Assets: 2025 Year in Review and What Comes NextSEC Dismisses Ripple Labs Executives After Losing Bid for Interlocutory Appeal

Military Lending

Navigating the Servicemembers Civil Relief Act: Protections and Litigation TrendsEarned Wage Access Product Deemed Credit Under MLA, Leading Federal District Court to Deny Motion to Compel Arbitration

Mortgage Lending, Servicing + Banking

HUD Signals Narrower Fair Housing Act Enforcement Focus, Heightened Scrutiny of Special Purpose Credit ProgramsSecond Circuit on Remand in Cantero: New York Escrow-Interest Law Is Preempted, Over a Vigorous Dissent

Moving the Metal

Price Tags and Pitfalls: Inside the FTC–Maryland Dealer SmackdownAuto Finance Year in Review, Part 2: Security Clearances, Supervisory Lines, and Connected Cars

Online Lending

DOJ Extends Title II ADA Web Accessibility Rule Compliance Deadlines for State and Local GovernmentsKansas Governor Enacts Significant Changes to Kansas Mortgage Business Act and Uniform Consumer Credit Code

Payment Processing + Cards

Senate Democrats Seek Information from Consumer Reporting Agencies on Buy Now, Pay Later ReportingPoint-of-Sale Finance Series: Getting E-SIGN and UETA Right in Electronic Contracting

Payments Pros

Point-of-Sale Finance Series: Evolving Collection Rules Impacting CreditorsPoint-of-Sale Finance Series: Fair Lending Risks at the Checkout Counter

Podcasts

Point-of-Sale Finance Series: Evolving Collection Rules Impacting CreditorsPoint-of-Sale Finance Series: Getting E-SIGN and UETA Right in Electronic Contracting

Privacy + Cyber

Charting a Course for Collections: Diagnosing Compliance and Privacy Risks in Medical DebtHouse Financial Services Committee Discussion Draft to Amend GLBA and Preempt State Regimes

Regulatory Enforcement + Compliance

Colorado Rewrites Its AI LawGovernor Newsom Taps Former CFPB Director Rohit Chopra to Lead New Business and Consumer Super‑Agency in California

Sales Finance

Navigating California's New Legislation on Fixed Term Installment ContractsSales-Based Financing Trade Group Files Suit Challenging CFPB's Section 1071 Rule

Small Business Finance

CFPB Issues Final Section 1071 Rule: Narrower Scope, Later Compliance Date, and a Leaner Data Collection and Reporting RegimeCFPB Signals Issuance of Interim Final Rules on Section 1071 and Section 1033 Amid Funding Constraints

Small Dollar Lending

Maryland Enacts Sweeping Earned Wage Access Reforms, Bans TippingSenate Democrats Seek Information from Consumer Reporting Agencies on Buy Now, Pay Later Reporting

State Attorneys General

Colorado Rewrites Its AI LawGovernor Newsom Taps Former CFPB Director Rohit Chopra to Lead New Business and Consumer Super‑Agency in California

State Attorneys General, CFPB + FTC

Maryland Enacts Sweeping Earned Wage Access Reforms, Bans TippingPositioning Delaware as a Digital Asset Hub: A Look at Senate Bills 16 and 19

Student Lending

Point-of-Sale Finance Series: Federal Shake-Ups and the Rise of Income Share Agreements in Student Loan FinancingIllinois Amends Student Loan Servicing Rights Act to Include Educational Income Share Agreements

TCPA

March Consumer Litigation Filings: TCPA Cools Off Slightly, FCRA/FDCPA and CFPB Complaints Heat UpFCC Proposes Enhanced "Know-Your-Customer" Rules for Voice Providers to Combat Illegal Robocalls

The Consumer Finance Podcast

Point-of-Sale Finance Series: Getting E-SIGN and UETA Right in Electronic ContractingCharting a Course for Collections: Diagnosing Compliance and Privacy Risks in Medical Debt

The Crypto Exchange

Turning Point for Digital Assets: 2025 Year in Review and What Comes NextNFTs on Trial: The Yuga Labs Verdict and What It Means for the Digital Frontier

Tribal Lending Litigation

Troutman Pepper Publishes 2023 Consumer Financial Services Year in Review and A Look AheadSeventh Circuit Affirms Dismissal, Finding Entity Entitled to Arm of the Tribe Sovereign Immunity & Adopting Breakthrough Factor Analysis

Unauthorized Access

The Team Continues to Grow: A Conversation With Our Newest Colleague, Kaitlin ClemensCaregivers in Cybersecurity