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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

On October 3, the Consumer Bankers Association sent a letter to Rohit Chopra, the CFPB Director, in which it urged the CFPB to adopt a larger participant rule for fintech consumer lenders. These FAQs are a Compliance Aid designed to help collection agencies comply with Reg F, which goes into effect on November 30, 2021.