Letter to CFPB: Advocacy Submits Comments on the Proposed Rule on Payday, Vehicle Title, and Certain High-Cost Installment Loans

The Office of Advocacy of the U.S. Small Business Administration (Advocacy) submits these comments on the Bureau of Consumer Financial Protection’s (Bureau) proposed rule on Payday , Vehicle Title, and Certain High-Cost Installment Loans. The Bureau is proposing to rescind certain provisions of the regulation promulgated by the Bureau in November 2017 governing Payday, Vehicle Title, and Certain High-cost Installment Loans (2017 Final Rule). Advocacy commends the Bureau for proposing to rescind the 2017 Final Rule.

Comment Letter

Fact Sheet