Consumer Credit and Privacy Compliance

2023 to Bring Major Changes to Consumer Data Privacy Regulation

By Webb McArthur

One month remains for businesses to prepare for significant chances to consumer data privacy laws in the US. The nation's first comprehensive consumer data privacy law, the California Consumer Privacy Act (CCPA), is set to undergo significant updates on January 1. Regulations are still being updated, so compliance efforts will continue into the new year. article continued

Is Different Pricing for Non-Credit Products and Services Illegal Discrimination? Yes, Says the CFPB, Massachusetts, and the FTC

By L. Jean Noonan

The Consumer Financial Protection Bureau made news this year when it announced that it considered discrimination to be illegal as an "unfair" practice, including in situations where fair lending laws do not apply. article continued

New California Law Impedes Creditors' Ability to Offer Voluntary Protection Products to Military Servicemembers

By Catharine S. Andricos and Erica A.N. Kramer

California recently enacted Senate Bill 1311, the Military and Veteran Consumer Protection Act of 2022, with the stated intent of strengthening the state's military consumer protection laws by enhancing protections for servicemembers and their families. The MVCPA contains various financial protections. article continued

CFPB Bites of the Month - Carving Up the CFPB

By Eric L. Johnson, Justin B. Hosie, and Byron J. Carter

In this month's Top 10 article, we share some of our top "bites" for the prior month covered during the November 16, 2022 webinar.

So, what happened last month?

Extra Bite: CFPB Releases Report on Tenant Background Checks

On November 15th, the CFPB released two reports on the tenant background check industry. article continued