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Statements (22)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:legislation
|
| gptkbp:alsoKnownAs |
gptkb:CFPB_Payday_Rule
|
| gptkbp:announced |
2017-10-05
|
| gptkbp:appliesTo |
loans with balloon payments
short-term loans |
| gptkbp:codifiedIn |
gptkb:12_CFR_Part_1041
|
| gptkbp:country |
gptkb:United_States
|
| gptkbp:excludes |
certain longer-term loans
|
| https://www.w3.org/2000/01/rdf-schema#label |
Payday Lending Rule
|
| gptkbp:issuedBy |
gptkb:Consumer_Financial_Protection_Bureau
|
| gptkbp:limitation |
lenders' attempts to withdraw payments from borrowers' accounts
|
| 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:status |
partially in effect
|
| gptkbp:subjectOf |
legal challenges
regulatory revisions |
| gptkbp:updated |
2020 CFPB revision
|
| gptkbp:bfsParent |
gptkb:Federal_Trade_Commission
|
| gptkbp:bfsLayer |
4
|