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.
Last Week, This Morning®
Key developments from the past week in consumer and commercial finance and privacy law.
OCC Proposes Rule to Rescind Certain Data Collection Requirements for National Banks
FTC Announces Permanent Ban against Business Financing Company and CEO for Alleged Violations of FTC Act, Telemarketing Sales Rule, and Consumer Review Fairness Act
California Privacy Protection Agency Intensifies Investigations of Data Brokers and Finalizes Rules Implementing Data Deletion Mechanism for Consumers
California Reaches $1 Million Settlement with Lender for Issuing Loans at Unlawful Rates
CFPB Anticipates Exhausting Its Available Funding by Early 2026
CFPB Proposes Dramatically Scaled-Back 1071 Small Business Data Collection Rule
Tenth Circuit Lifts Preliminary Injunction that Enjoined Colorado from Enforcing DIDMCA Opt-Out
CFPB Requests Comment on Proposed Rule Amending Reg. B
Texas OCCC Will Hold Webinar on Rulemaking Implementing Sales-Based Financing Law
Arizona DIFI Encourages Financial Institutions to Provide Assistance to Individuals and Businesses Impacted by Federal Government Shutdown
New Jersey Settles Claims Alleging Real Estate Companies' "Homeowner Benefit Agreements" Were Deceptive and Unconscionable
New Jersey Law Allowing Borrowers to Make Biweekly or Semi-Monthly Mortgage Payments Is Now Effective
Oklahoma Permits Imposition of Surcharge for Use of Credit Card by Customers in Consumer Lease and Credit Sale Transactions
FTC Identity Theft Portal Unavailable Due to Government Shutdown - Alternative Steps for Consumers
Three States Settle Claims Against Educational Technology Company
Hudson Cook Insights
Today's Trends in Credit Regulation
California Enacts the Combating Auto Retail Scams (CARS) Act
By Dana F. Clarke
On October 6, California Governor Gavin Newsom signed Senate Bill 766—the California Combating Auto Retail Scams (CARS) Act—which purports to help make the car-buying process more transparent and strengthen consumer protection laws, including by preventing car retailers from tacking on add-on services and other features that do not benefit car buyers or lessees. article continued
Consumer Financial Services Bites of the Month - November 19, 2025 - "November Rain 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 November 2025 webinar. article continued
DOJ Settles with Auto Finance Company Accused of Illegally Repossessing Servicemembers' Vehicles
By Eric D. Mulligan
The settlement also requires New City to pay restitution and penalties. Specifically, New City must pay $60,000 in restitution to resolve the claims of improper repossessions between June 16, 2018, and August 18, 2023. New City must also submit an electronically searchable list of its repossessions between August 19, 2023, and September 29, 2025. article continued