CFPB Eyes Loan Treatment For 'Earned Wage' Cash Advances <https://www.law360.com/banking/articles/1859404?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-07-19&read_main=1&nlsidx=0&nlaidx=0>
By Jon Hill The Consumer Financial Protection Bureau moved Thursday to apply federal truth-in-lending requirements to the growing market for fintech cash advances, issuing a proposed rule that would classify many "earned wage access" products as consumer loans needing clear pricing disclosures. 1 document attached | Read full article » <https://www.law360.com/banking/articles/1859404?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-07-19&read_more=1&nlsidx=0&nlaidx=0> | Save to favorites » <https://www.law360.com/banking/articles/1859404?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-07-19&read_later=1&nlsidx=0&nlaidx=0>
