NACHA Government Relations Update – March 21, 2019

Posted March 19, 2019

NACHA's Government Relations update provides insight on policy matters at the federal and state level that could impact the ACH Network. In this edition: NACHA files comments on CFPB Payday Lending Rulemaking.

NACHA Files Comments on CFPB Payday Lending Rulemaking

Posted March 13, 2019

The purpose of the CFPB request was to propose a delay to the effective date of the mandatory underwriting provisions of the regulation promulgated by the CFPB in November 2017 governing Payday, Vehicle Title, and Certain High-Cost Installment Loans (the “Final Rule”).