Initial Analysis of CFPB Small-Dollar Lending Proposed Rule

On June 7, AFSA published its initial analysis of the Consumer Financial Protection Bureau's (CFPB) small-dollar lending proposed rule. The document, which outlines several areas that will affect access to credit in the United States, may be found in the White Papers area under the Stay Informed tab. 

Please note, that the paper is an initial analysis and is subject to change as AFSA reviews the rule in it's entirety. A more thorough analysis is forthcoming.