ABA to CFPB: 1,341 Pages to Regulate a $350 Loan? Really?
ABA's comment letter on the CFPB's proposed small-dollar loan regulation points out that the jaw-dropping length of the CFPB's rule is exceedingly and unnecessarily complex and seeks to impose mortgage-like standards on very small, short-term loans. Also, here is ICBA's take on it. [10/11/16]


