CFPB Finalizes Small Business Lending Rule Weakening Transparency and Fair Lending
May 01, 2026
May 01, 2026
DURHAM, North Carolina, May 1 [Category: Financial Services] -- The Center for Responsible Lending issued the following news release:
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CFPB Finalizes Small Business Lending Rule Weakening Transparency and Fair Lending
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Washington, D.C. -The Consumer Financial Protection Bureau released its final 1071 small business lending data rule yesterday, which severely weakens key requirements to collect demographic information from borrowers.
* * *
CFPB Finalizes Small Business Lending Rule Weakening Transparency and Fair Lending
*
Washington, D.C. -The Consumer Financial Protection Bureau released its final 1071 small business lending data rule yesterday, which severely weakens key requirements to collect demographic information from borrowers.