The car title loan industry is poised to grow substantially if it's not covered by CFPB regulations on payday lending. But the bureau has not laid the groundwork for title lending rules in the same way it has for payday lending.
CFPB Faces Hard Choice on Regulating Auto Title Loans
- Full access to banking's most comprehensive daily report
- Daily, weekly, and topic-based newsletters and alerts
- Award-winning analysis and insight, focused on bankers' key concerns
- Bimonthly industry research reports
- Morning Scan Plus (Premium e-newsletter)
- American Banker mobile app