ALL CFS Blog Entries

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

All Entries

FTC Warns That Scammers Are Cloning Car Dealership WebsitesPennsylvania Strengthens Telemarketing Protections

Arbitration

The Governor's Veto of Virginia's Proposed Class Action Bill: What Businesses Should KnowVirginia's New Arbitration Fairness Act: What Businesses Need to Know About SB 227

Auto Finance

FTC Warns That Scammers Are Cloning Car Dealership WebsitesThe FTC Caught Up: What You Need to Know About Its Latest Disparate Impact Statement

Background Screening

Eighth Circuit Holds Consumer Reporting Agency's Reliance on Official Court Website Satisfies FCRA Reasonable Procedures StandardVirginia’s New Business Screening Services Program: Key Compliance Obligations

Banking

Federal Banking Agencies and FinCEN Clarify SAR Confidentiality Rules for Customer CommunicationsNew York to Consider Whether to Opt Out of Federal Interest Rate Exportation Under DIDMCA

Bankruptcy

FDIC Proposes Overhaul of Confidential Information Disclosure RulesBankruptcy 101 for Consumer Creditors: Automatic Stays, Discharge Injunctions, and Common Pitfalls

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

Class Action Surge: What a 25% Spike in Federal Filings Means for Consumer FinanceFifth Circuit Holds TCPA Does Not Require Prior Express Written Consent for Telemarketing Calls

Consumer Financial Protection Bureau (CFPB)

Federal Agencies Jointly Rescind 2022 Interagency Statement on Special Purpose Credit ProgramsCFPB Ends Publication of Consumer Complaint Narratives and Data Visualizations

Consumer Financial Services

Point-of-Sale Finance Series: Auto Finance — Dealer Risk, Lien Perfection, and Compliance Essentials for Market EntrantsRebalancing the Books: Employment Compliance for Financial Services Companies

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

D.C. Medical Debt Overhaul Becomes Law Without Mayor's SignatureFrom Texas to the Tenth Circuit: Another ID Theft Case Confirms That Credit Reporting Law Is Reshaping

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

D.C. Medical Debt Overhaul Becomes Law Without Mayor's SignatureBig Win, Bigger Warning: Hidden Liability Risks Lurking for Debt Buyers After New Jersey's Diana Decision

Depository Institutions

New York to Consider Whether to Opt Out of Federal Interest Rate Exportation Under DIDMCAOCC and FDIC Issue Joint Proposed Rule Overhauling and Narrowing Community Reinvestment Act Rules

Digital Assets + Fintech

Colorado Proposes Rules for Automated Decision-Making Technology and Chatbot SafetyPresident Trump Orders Federal Regulators to "Break Barriers" for Fintech and Revisit Fed Access for Non-Banks

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

Federal Agencies Jointly Rescind 2022 Interagency Statement on Special Purpose Credit ProgramsFTC and Connecticut Secure $4 Million Settlement with Manchester City Nissan Over Deceptive Fees

FCRA

From Texas to the Tenth Circuit: Another ID Theft Case Confirms That Credit Reporting Law Is ReshapingTenth Circuit Adopts "Objectively and Readily Verifiable" Standard for FCRA Furnisher Inaccuracy Claims and Reverses $500,000 Jury Verdict

FCRA Focus

From Texas to the Tenth Circuit: Another ID Theft Case Confirms That Credit Reporting Law Is ReshapingThe California Split: How Two Courts Are Changing FCRA Litigation on the West Coast

FDCPA

D.C. Medical Debt Overhaul Becomes Law Without Mayor's SignatureNew York City Releases FAQ and Announces Webinar for SHIELD Rule

Featured Posts

Federal Banking Agencies and FinCEN Clarify SAR Confidentiality Rules for Customer CommunicationsTroutman Pepper Locke Weekly Consumer Financial Services Newsletter – September 1, 2026

Federal Trade Commission (FTC)

FTC Warns That Scammers Are Cloning Car Dealership WebsitesThe FTC Caught Up: What You Need to Know About Its Latest Disparate Impact Statement

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

MLA and SCRA 103: Beyond Pricing — Non-Rate Protections, Enforcement Pitfalls, and Servicing ConsiderationsMLA and SCRA 102: Pricing Constraints and the Complexity of Interest Cap Compliance — Servicemember Protections Explained

Mortgage Lending, Servicing + Banking

Federal Banking Agencies and FinCEN Clarify SAR Confidentiality Rules for Customer CommunicationsNew York to Consider Whether to Opt Out of Federal Interest Rate Exportation Under DIDMCA

Moving the Metal

The FTC Caught Up: What You Need to Know About Its Latest Disparate Impact StatementFTC Hits the Brakes on Disparate Impact

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

State AML Enforcement: What Money Transmitters Need to Know About the RamadPay Consent OrderFTC's Subscription Crackdown: What Payment Processors Need to Know

Payments Pros

State AML Enforcement: What Money Transmitters Need to Know About the RamadPay Consent OrderFTC's Subscription Crackdown: What Payment Processors Need to Know

Podcasts

The FTC Caught Up: What You Need to Know About Its Latest Disparate Impact StatementThe FTC Caught Up: What You Need to Know About Its Latest Disparate Impact Statement

Privacy + Cyber

Colorado's New ADMT Act: Repeal of the 2024 AI Law, Expanded Coverage, and What It Means for Financial ServicesCharting a Course for Collections: Diagnosing Compliance and Privacy Risks in Medical Debt

Regulatory Enforcement + Compliance

FTC Warns That Scammers Are Cloning Car Dealership WebsitesPennsylvania Strengthens Telemarketing Protections

Sales Finance

Vermont Enacts H.648 Extending Licensing and Conduct Rules to Sales‑Based Financing and FactoringNavigating California's New Legislation on Fixed Term Installment Contracts

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

Illinois Enacts Buy-Now-Pay-Later Loan Consumer Protection ActMaryland Enacts Sweeping Earned Wage Access Reforms, Bans Tipping

State Attorneys General

Pennsylvania Strengthens Telemarketing ProtectionsNew York to Consider Whether to Opt Out of Federal Interest Rate Exportation Under DIDMCA

State Attorneys General, CFPB + FTC

FTC Warns That Scammers Are Cloning Car Dealership WebsitesPennsylvania Strengthens Telemarketing Protections

Student Lending

FTC Secures Permanent Ban Against Student Loan Debt Relief Scammer Who Took $45.9 Million from ConsumersPoint-of-Sale Finance Series: Federal Shake-Ups and the Rise of Income Share Agreements in Student Loan Financing

TCPA

Pennsylvania Strengthens Telemarketing ProtectionsFTC Announces Increased Telemarketer Fees to Access the National Do Not Call Registry for FY 2027

The Consumer Finance Podcast

The FTC Caught Up: What You Need to Know About Its Latest Disparate Impact StatementAre Text Messages Calls? Seventh Circuit's Steidinger Decision Reshapes TCPA Litigation Landscape

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