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Payday Lending and Regulation OO 2022 Update, Webinar

May 18 @ 1:30 pm - 3:30 pm CDT

Click Here for More Information and to Register


Covered Topics

  • Which financial institutions are covered by Regulation OO;
  • What loans are covered by Regulation OO, what loans are exempt, and options for managing loan products to avoid coverage;
  • The basic requirements of the Payday Rule including:
    • Key definitions from subpart A;
    • The elimination of the underwriting provisions from subpart B;
    • The payments provisions, including the unfair and abusive practices, prohibited payment transfer attempts rules and the disclosure requirements for attempted payments, from subpart C; and
    • The information furnishing, recordkeeping, anti-evasion and severability provisions of subpart D.
  • When the various provisions take effect; and