On June 10, the Consumer Financial Protection Bureau (CFPB) issued a final rule extending the compliance deadline for key provisions of its controversial Payday Lending Rule. The new compliance deadline is November 19, 2020, but the CFPB – despite sharp criticism from consumer advocates and leading Democrats – is expected to rescind the most controversial
![](https://www.consumerfinancialserviceslawmonitor.com/wp-content/uploads/sites/880/2017/12/f4.jpg)