ACI Files Comments with the CFPB: Calls for Preserving Consumer Choice

In this filing ACI commends the Consumer Financial Protection Bureau’s (CFPB) decision to rescind the specific provisions of the 2017 rule and thus preserve consumer choice and access to credit. As the CFPB thinks about re-evaluating the rules governing small-dollar loans, it should be mindful of the empirical evidence in this area and look to better understand the affected consumers and their needs.

You can read the entire regulatory filing here.

 

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