Base
Proposed RuleSignificant2016-134902016-07-22

Payday, Vehicle Title, and Certain High-Cost Installment Loans

Consumer Financial Protection Bureau

Abstract

The Bureau of Consumer Financial Protection (Bureau or CFPB) is proposing to establish 12 CFR 1041, which would contain regulations creating consumer protections for certain consumer credit products. The proposed regulations would cover payday, vehicle title, and certain high-cost installment loans.

Action & Dates

Action
Proposed rule with request for public comment.
Dates
Comments must be received on or before October 7, 2016.

CFR References

Topics

Banks, bankingConsumer protectionCreditCredit unionsReporting and recordkeeping requirementsSavings associationsTrade practices

Public Comment

Comments Close
2016-10-07

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Bureau of Consumer Financial Protection 12 CFR Part 1041 [Docket No. CFPB-2016-0025] RIN 3170-AA40 AGENCY: Bureau of Consumer Financial Protection. ACTION: Proposed rule with request for public comment. SUMMARY: The Bureau of Consumer Financial Protection (Bureau or CFPB) is proposing to establish 12 CFR 1041 , which would contain regulations creating consumer protections for certain consumer credit products. The proposed regulations would cover payday, vehicle title, and certain high-cost installment loans. DATES: Comments must be received on or before October 7, 2016. ADDRESSES: You may submit comments, identified by Docket No. CFPB-2016-0025 or RIN 3170-AA40, by any of the following methods: Email: FederalRegisterComments@cfpb.gov . Include Docket No. CFPB-2016-0025 or RIN 3170-AA40 in the subject line of the email. Electronic: http://www.regulations.gov . Follow the instructions for submitting comments. Mail: Monica Jackson, Office of the Executive Secretary, Consumer Financial Protection Bureau, 1700 G Street NW., Washington, DC 20552. Hand Delivery/Courier: Monica Jackson, Office of the Executive Secretary, Consumer Financial Protection Bureau, 1275 First Street NE., Washington, DC 20002. Instructions: All submissions should include the agency name and docket number or Regulatory Information Number (RIN) for this rulemaking. Because paper mail in the Washington, DC area and at the Bureau is subject to delay, commenters are encouraged to submit comments electronically. I

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Related Documents

Other Federal Register documents from the same docket.

Full Document

Citation: 81 FR 47864