Illinois Credit Union League
CFPBRulemakingCFPB-2025-0040

Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)

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Last modified
Jan 14, 2026
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closed 225d ago
Illinois Credit Union League filings
1

Activity

Illinois Credit Union League filed 1 comment on this docket between Dec 15, 2025 and Dec 15, 2025. 74 other organizations filed here. The comment window closed 225d ago.

What Illinois Credit Union League filed (1)

Dec 15, 2025· Comment from Illinois Credit Union League· CFPB-2025-0040-0257

Filed on regulations.gov — full text not in the inline record.

Abstract

SUMMARY: The Consumer Financial Protection Bureau (CFPB or Bureau) proposes revisions to certain provisions of Regulation B, subpart B, implementing changes to the Equal Credit Opportunity Act made by section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Bureau is reconsidering coverage of certain credit transactions and financial institutions; the small business definition; inclusion of certain data points and how others are collected; and the compliance date. The CFPB believes these proposed changes would streamline the rule, reduce complexity for lenders, and improve data quality, advancing the purposes of section 1071 and complying with recent executive directives. ADDITIONAL INFORMATION: For more information about commenting on CFPB’s Notices, please visit us at: https://www.consumerfinance.gov/rules-policy/notice-opportunities-comment/commenting-on-notices/

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Small Business Lending Under the Equal Credit Opportunity Act (Regulation B) (CFPB) — Illinois Credit Union League | OpenPolis