The agency's potential pursuit of credit unions for UDAAP violations is a legitimate concern.
Amendment would push the effective date to Oct. 1; CFPB cites an administrative error as a motive.
Only three circumstances will require additional review time for borrowers, Cordray says.
The CFPB accuses PayPal of illegal practices involving its PayPal Credit product.
Public comments initiative launches Thursday with a field meeting in Milwaukee, Wis.
RMK Financial Corporation allegedly mailed out false advertisements that appeared to be from the government.
Agency's guidelines will make it impossible for service providers to operate in the payday lending space.
The bureau's order targets National Collective Group, which allegedly made deceptive threats to consumers.
Credit unions take a reserved approach as the CFPB releases its initial payday lending guidelines.
Toolkit designed to help lenders prep for the Aug. 1 mortgage disclosure rule.