Please see the attached comment of the American Bankers Association.
CFPBRulemakingCFPB-2019-0007
Payday, Vehicle Title, and Certain High-Cost Installment Loans; Delay of Compliance Date
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American Bankers Association filings
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American Bankers Association filed 1 comment on this docket between Mar 19, 2019 and Mar 19, 2019. 19 other organizations filed here. The comment window closed 2689d ago.
What American Bankers Association filed (1)
Mar 19, 2019· Comment Submitted by Jonathan Thessin, American Bankers Association· CFPB-2019-0007-0071
Abstract
The Bureau of Consumer Financial Protection (Bureau) is proposing to delay the August 19, 2019 compliance date for the mandatory underwriting provisions of the regulation promulgated by the Bureau in November 2017 governing Payday, Vehicle Title, and Certain High-Cost Installment Loans (2017 Final Rule or Rule) by 15 months to November 19, 2020. This proposal is related to another proposal, published separately in this issue of the Federal Register, seeking comment on whether the Bureau should rescind the mandatory underwriting provisions of the 2017 Final Rule.
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