The Consumer Financial Protection Bureau requested comments on its proposal to establish payday loan regulations that create protections for consumers regarding certain credit products.
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The Consumer Financial Protection Bureau granted no-action relief to an online lending platform from supervisory or enforcement action with respect to the Equal Credit Opportunity Act.
The Consumer Financial Protection Bureau adopted a final rule to "create consumer protections for certain consumer credit products" by instituting "ability-to-repay protections."
The Office of the Comptroller of the Currency rescinded previously issued guidance concerning deposit advance products.
The Office of the Comptroller of the Currency rescinded previously issued guidance concerning deposit advance products.