12 CFR Part 1041

GPTKB entity

Statements (18)
Predicate Object
gptkbp:instanceOf gptkb:United_States_federal_law
gptkbp:administeredBy gptkb:Consumer_Financial_Protection_Bureau
gptkbp:alsoKnownAs gptkb:CFPB_Payday_Lending_Rule
gptkbp:appliesTo banks
credit unions
non-bank lenders
gptkbp:citation gptkb:12_CFR_§_1041
gptkbp:enforcedBy gptkb:Consumer_Financial_Protection_Bureau
https://www.w3.org/2000/01/rdf-schema#label 12 CFR Part 1041
gptkbp:purpose to prevent unfair and abusive lending practices
gptkbp:regulates payday loans
certain high-cost installment loans
vehicle title loans
gptkbp:requires lenders to assess borrowers' ability to repay
gptkbp:startDate January 16, 2018
gptkbp:title Payday, Vehicle Title, and Certain High-Cost Installment Loans
gptkbp:bfsParent gptkb:Payday_Lending_Rule
gptkbp:bfsLayer 5