ALL CFS Blog Entries

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

All Entries

Colony Ridge Settlement: DOJ Bypasses Court Oversight After Judge’s ObjectionsTroutman Pepper Locke Weekly Consumer Financial Services Newsletter – April 14, 2026

Arbitration

Virginia Supreme Court Sets High Bar for Vacating Arbitration Awards for "Evident Partiality"Earned Wage Access Product Deemed Credit Under MLA, Leading Federal District Court to Deny Motion to Compel Arbitration

Auto Finance

Auto Finance Year in Review, Part 2: Security Clearances, Supervisory Lines, and Connected CarsKentucky Passed a New Vehicle Financial Protection Product Law

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

OCC and FDIC Issue Reputational Risk Final RuleTreasury Outlines Innovation Roadmap for Countering Illicit Finance in Digital Assets

Bankruptcy

Turning Point for Digital Assets: 2025 Year in Review and What Comes NextGENIUS Act: A Game-Changer for Crypto Bankruptcy Priorities

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)

Colony Ridge Settlement: DOJ Bypasses Court Oversight After Judge’s ObjectionsAuto Finance Year in Review, Part 2: Security Clearances, Supervisory Lines, and Connected Cars

Consumer Financial Services

2025 Consumer Financial Services Year in Review and a Look AheadFinancial Services Industry 2025 Digital Assets Year in Review

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

Troutman Pepper Locke Attorneys Publish ABA Article on FCRA “Reasonable Reinvestigation” StandardHouse Financial Services Committee Discussion Draft to Amend GLBA and Preempt State Regimes

Cryptocurrency + FinTech

Treasury Proposes GENIUS Act Principles for Acceptable State Stablecoin RegimesBeyond the Buzzwords: Building Bank-Fintech Partnerships That Survive Exams

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

Point-of-Sale Finance Series: Evolving Collection Rules Impacting CreditorsNew York City Finalizes Expanded Debt Collection Rules Covering Original Creditors and Third-Party Collectors

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

Colony Ridge Settlement: DOJ Bypasses Court Oversight After Judge’s ObjectionsOCC and FDIC Issue Reputational Risk Final Rule

FCRA

February Consumer Litigation Filings: TCPA Up BigTroutman Pepper Locke Attorneys Publish ABA Article on FCRA “Reasonable Reinvestigation” Standard

FCRA Focus

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

FDCPA

February Consumer Litigation Filings: TCPA Up BigJanuary Consumer Litigation Filings: 2026 Starts Out with a Bang

Featured Posts

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – April 14, 2026OCC and FDIC Issue Reputational Risk Final Rule

Federal Trade Commission (FTC)

FTC Warning Letters Signal Continued Federal Focus on Debanking and Financial AccessFTC Launches Healthcare Task Force

Health Care

Sixth Circuit Holds Tennessee PBM Network and Steering Rules Are ERISA‑PreemptedFourth Circuit Blocks West Virginia's 340B Contract Pharmacy Law as Likely 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

Colony Ridge Settlement: DOJ Bypasses Court Oversight After Judge’s ObjectionsOCC and FDIC Issue Reputational Risk Final Rule

Moving the Metal

Auto Finance Year in Review, Part 2: Security Clearances, Supervisory Lines, and Connected CarsWarning Letters and Warren Letters: What the Auto Finance Industry Needs to Know

Online Lending

Kansas Governor Enacts Significant Changes to Kansas Mortgage Business Act and Uniform Consumer Credit CodeCFPB Files Lawsuit Against SoLo Funds for Alleged Deceptive Lending Practices

Payment Processing + Cards

Point-of-Sale Finance Series: Fair Lending Risks at the Checkout CounterBefore You Front the Funds: Benefits and Pitfalls of Earned Wage Access Tools

Payments Pros

Before You Front the Funds: Benefits and Pitfalls of Earned Wage Access ToolsBeyond the Buzzwords: Building Bank-Fintech Partnerships That Survive Exams

Podcasts

Point-of-Sale Finance Series: Evolving Collection Rules Impacting CreditorsAuto Finance Year in Review, Part 2: Security Clearances, Supervisory Lines, and Connected Cars

Privacy + Cyber

House Financial Services Committee Discussion Draft to Amend GLBA and Preempt State RegimesPoint-of-Sale Finance Series: Privacy, Breaches, and Data Monetization

Regulatory Enforcement + Compliance

Sixth Circuit Holds Tennessee PBM Network and Steering Rules Are ERISA‑PreemptedColony Ridge Settlement: DOJ Bypasses Court Oversight After Judge’s Objections

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 Signals Issuance of Interim Final Rules on Section 1071 and Section 1033 Amid Funding ConstraintsSection 1071 Redo: CFPB Proposes to Narrow Coverage, Data, and Timing

Small Dollar Lending

New York Proposes Sweeping Licensing and Consumer Protection Regime for BNPL LendersWisconsin Lawmakers Propose “True Lender” Test and 36% APR Cap for Consumer Loans

State Attorneys General

Colony Ridge Settlement: DOJ Bypasses Court Oversight After Judge’s ObjectionsKentucky Passed a New Vehicle Financial Protection Product Law

State Attorneys General, CFPB + FTC

Colony Ridge Settlement: DOJ Bypasses Court Oversight After Judge’s ObjectionsKentucky Passed a New Vehicle Financial Protection Product Law

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

February Consumer Litigation Filings: TCPA Up BigTCPA Risk Reloaded: Why DNC and Consent Issues Are Fueling the Next Wave of Litigation

The Consumer Finance Podcast

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

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