Last week, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a proposed interpretive rule opining that earned wage access (EWA) products — whether provided through employer ...

On September 13, 2024, the United States Court for the District of Massachusetts dismissed a pro se litigant’s claims against four executives of a ...

With regards to 15 U.S.C. 1605, which the TikToker calls out by name, his claim about its contents appears to be sourced from a viral misunderstanding about the Truth in Lending Act.

A U.S. Army staff sergeant filed a class action complaint in Cook County Circuit Court last week, alleging the fintech company Klover engaged in predatory lending practices in violation of the ...

On May 6, the Consumer Financial Protection Bureau announced it will no longer prioritize enforcement actions taken on buy now, pay later transactions, in accordance with a Biden-era rule that ...

At least six cash advance companies were hit with class actions across the country alleging they preyed on active-duty military service members and their dependents in March and April.

US Watchdog Says Paycheck Advances Subject to Lending Law. By Reuters | July 18, 2024. By Reuters | July 18, 2024, at ... the agency said many paycheck advances were subject to the Truth in ...

Barr attributed this to the fact that under key consumer protection laws — like the Truth In Lending Act, or TILA, of 1968, which standardized the annual percentage rate as the go-to pricing model for ...