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.
2025 Financial Services Conference
November 2-4, 2025
Save the Date! Our 21st 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.
CFPB Issues ANPR Concerning Section 1033 of Dodd-Frank and Its Implementing Personal Financial Data Rights Rule
Federal Reserve Board Ends Novel Activities Supervision Program
Trump Issues Executive Order on Unlawful Debanking Based on Individuals' or Businesses' Beliefs, Affiliations, or Political Views
Illinois Amends Collection Agency Act to Provide Consumer Protections Related to Coerced Debt
Massachusetts AG Obtains $795,000 Settlement with Company for Failing to Implement Required Data Security Measures and Delaying Notification of Security Breaches
Illinois Enacts Law Governing Educational Income Share Agreements
Texas AG Investigates AI Developers for Allegedly Misleading Children with AI-Generated Mental Health Services
CFPB Issues ANPRs Related to Defining Larger Participants in Vehicle Financing, Debt Collection, and Credit Reporting Markets
FDIC Updates Supervisory Approach Regarding Use of Pre-Populated Information for Purposes of Customer Identification Program Requirements
Massachusetts AG Obtains $2 Million Settlement with Mortgage Loan Servicer
New York Issues Industry Letter Requesting Information on Buy-Now-Pay-Later Activities
House Financial Services Committee Requests Feedback on Federal Consumer Financial Data Privacy Law
California Privacy Protection Agency Files First Judicial Action to Enforce Investigative Subpoena Under CCPA
Massachusetts AG Updates "Junk Fee" Business Guidance
Oregon Updates Provisions Governing Telephone and Text Solicitations
New Jersey Auto Dealers Reminded of Obligation to Prevent Unauthorized Access to Consumer Data Stored on Vehicles
EWA Providers Now Regulated as Small Loan Lenders in Connecticut
Federal Bipartisan Bill Would Enable Financial Services Companies to Experiment with AI Through Regulatory Sandboxes
Hudson Cook Insights
Today's Trends in Credit Regulation
When Does a Consumer's Permission to Make Credit Inquiries Expire?
By Eric D. Mulligan
If at first you don't succeed, try, try again, right? That advice may be good for life in general, but it's not so good for running credit inquiries. article continued
Creditors' Rights and the Constitution: A Difficult (But Not Impossible) Connection to Make
By Eric D. Mulligan
You may not associate creditors' rights with the United States Constitution. After all, when people think of constitutional rights, they generally think of free speech, freedom of the press, trial by jury, etc. article continued
Consumer Financial Services Bites of the Month - July 16, 2025 - "July Morning with the CFPB"
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 July 2025 webinar. article continued
No AI Law? No Problem. How Massachusetts Attacked AI Underwriting Under Existing State Statutes
By Mark D. Metrey
On July 10, 2025, the Massachusetts Attorney General (AGO) entered into an Assurance of Discontinuance (AOD) with a private student loan lender (the Company), resolving allegations that the Company's underwriting practices violated the state's unfair and deceptive act or practice (UDAP) law and federal fair lending laws. article continued