CFPB’s Proposed Payday Rule Rescission Reshapes UDAAPs. Statutory Background

CFPB’s Proposed Payday Rule Rescission Reshapes UDAAPs. Statutory Background One of the most ill-defined but ubiquitous appropriate requirements, UDAAPs — unjust, misleading, or abusive functions or techniques — stay the gorilla that is 800-pound of customer security globe. The customer Financial Protection Bureau has had the reins on determining what falls in or from the UDAAP realm, that was founded […]