Consumer Credit and Privacy Compliance
Online research tools to manage compliance with federal and state laws and regulations
CounselorLibrary.com, LLC, an affiliate of the law firm of Hudson Cook, LLP, is the leading compliance resource for the consumer financial services and privacy industries, providing comprehensive coverage and analysis of federal and state laws, regulations, and litigation. Select a category below, or view all products.
2026 Financial Services Conference
November 8-10, 2026
Save the Date! Our 22nd Annual Conference is in Baltimore at the Four Seasons Hotel. For more details and to register, click here.
Last Week, This Morning®
Key developments from the past week in consumer and commercial finance and privacy law.
Nebraska Requires Net Tangible Benefit Analysis for Borrowers Refinancing Installment or Mortgage Loans
Wyoming Enacts Uniform Mortgage Modification Act
Iowa AG Sues Car Manufacturer in Connection with its Collection and Sale of Consumers' Driving Data
Car Manufacturer that Required Consumers to Verify Email Address as Part of Data Sale/Sharing Opt-Out Process Violated California Consumer Privacy Act
Federal Reserve Board Proposes Removal of Reputation Risk
DOJ Settles SCRA Claims Against Used Car Retailer
New York City Announces Adoption of New Debt Collection Rules
New York Issues Pre-Proposed BNPL Regulation
Connecticut AG Memo Addresses Application of Existing State Laws to Businesses' Artificial Intelligence Use
GAO Recommends Increased Financial Monitoring of Nonbank Mortgage Companies
Impact of CFPB's Regulation, Supervision, and Enforcement on Cost of Credit for Consumers
New York Clarifies Recent Changes to Mortgage Payoff Rules
Ninth Circuit Holds that Debtor's Oral Objection Alone, Absent Risk of Violence, Does Not Constitute Breach of Peace During Repossession
Hudson Cook Insights
Today's Trends in Credit Regulation
New York Buy-Now-Pay-Later Rules Overly Broad?
By Thomas P. Quinn, Jr.
In late February, in the midst of an historic East Coast Blizzard, the New York Department of Financial Services ("DFS") issued its pre-proposed regulations to implement the state's 2025 statute regulating buy-now-pay-later (BNPL) lenders (the "BNPL Act"). article continued
New York Criminal Usury as a Claim in Bankruptcy
By Clayton C. Swears
A merchant bankruptcy poses several dangers for revenue-based commercial funders. Most obviously, from a business standpoint, bankruptcy disrupts the merchant's ongoing revenue generation and the transfer of revenue to the funder. However, bankruptcy also poses important compliance considerations. article continued
Consumer Financial Services Bites of the Month - February 18, 2026 - "February Seven"
By Justin B. Hosie, Eric L. Johnson and Kristen Yarows
In this month's article, we share some of our top "bites" covered during the February 2026 webinar. article continued
Federal Agencies' Withdrawal of Joint Statement on Fair Lending Likely to Reduce Credit Opportunities for Non-Citizens
By Nicole F. Munro
On January 12, 2026, the Consumer Financial Protection Bureau and the Department of Justice withdrew their October 2023 joint statement regarding the implications of a creditor's consideration of an individual's immigration status on compliance with the Equal Credit Opportunity Act. article continued