• Service: Advisory, Risk Consulting, Financial Risk Management
  • Industry: Banking & Capital Markets
  • Type: Publication series
  • Date: 6/18/2013

Regulatory Practice Letter #13-11 

Payday Loans and Deposit Advance Products - CFPB Report, FDIC, OCC and Federal Reserve Guidance

Download Now
PDF files require Adobe Reader to view

On April 24, 2013, the Bureau of Consumer Financial Protection (“CFPB” or “Bureau”) released a review of short-term small dollar loans. The review, entitled “Payday Loans and Deposit Advance Products,” looks at payday loans extended by