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.
FTC Will No Longer Pursue Disparate-Impact Claims Under FTC Act and ECOA
Illinois Amends Human Rights Act to Include Discriminatory-Impact Liability
Massachusetts Reminds Businesses of Money Transmission Licensing Requirements
New York Settles with Money Transmitter over Cybersecurity Deficiencies
FDIC Announces New Office of Supervisory Appeals
Massachusetts Issues Temporary Cease and Desist Order Against Check Cashing Business and Owners
House Financial Services Committee Seeks Comment on Discussion Draft of CFPB Reform Legislation
State AGs Raise Concerns Over Granting National Banking Charters to Nontraditional Entities
New York Issues Final Rules under State's SAFE for Kids Act
FTC, California, and Utah Sue Telehealth Provider over Billing, Subscription, Cancellation, and Privacy Practices
DOJ Settles Claims Against LHPH Dealership for Violating SCRA in Connection with Servicemembers' Vehicle Leases
New Jersey Consumer Finance Licensing Act Does Not Contain Implied Private Right of Action
Bank Failed to Establish Standing to Foreclose Mortgage Securing Home Equity Line of Credit
Oklahoma Amends Motor Vehicle Advertising Rules
Mobile Home Seller Breached RISC By Failing to Provide Statutory Notice to Deceased Buyer's Estate When It Took Possession of Home After Buyer's Death, Despite Contractual Language Allowing Seller to Take Possession
Notice of Default and Right to Cure Was Not Required in Wisconsin Prior to Repossessing Vehicle Where Owner Made Materially False Statement Regarding Her Income in Credit Application
Hudson Cook Insights
Today's Trends in Credit Regulation
New York Advances Buy-Now-Pay Later Regulation With Some Significant Changes
By Thomas P. Quinn, Jr.
As we reported in February, despite having a buy-now-pay-later (BNPL) statute on the books since May of 2025, the effective date of the law is tied to the adoption of an implementing regulation. Recently, that regulation took one step closer toward being finalized. article continued
Minnesota Rejects "Not Collecting for Another" Argument
By Clayton C. Swears
Collection agency licensing laws generally apply to third-party debt collectors—companies collecting debts owed to someone else. Businesses sometimes attempt to structure transactions to avoid that characterization, taking the position they are first-party collectors outside the scope of the licensing requirement. article continued
Consumer Financial Services Bites of the Month - July 15, 2026 - "Saturday in the Park (4th of July)."
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 2026 webinar. article continued
DOJ Settles SCRA Violation Allegations with Towing Company
By Erica A.N. Kramer
On May 28, the U.S. Department of Justice announced a settlement with a San Antonio towing company over claims that the company illegally sold, auctioned, or otherwise disposed of approximately 93 vehicles belonging to servicemembers without court orders, in violation of the Servicemembers Civil Relief Act. article continued