CFPB’s Proposed EWA Rule Sparks Debate
ThomsonReuters
OCTOBER 15, 2024
Critiques of CFPB’s interpretation of EWA In its interpretive rule, which received nearly 150,000 comments, the CFPB states that “it does not matter that the obligation to repay is sometimes satisfied via payroll deduction” and that it “is still an act of repayment.”
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