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Has Granted The Motions.pdf

20-cv-3122-Dkt.-44-45-Opinion-and-Order.pdf
Preview of has granted the motions
🔗 Source: consumerfinancemonitor.com
📊 Size: 315 KB
📄 Pages: 14 pages
⬇️ Downloads: 109

Summary

National Association for Latino Community Asset Builders (NALCAB) filed a lawsuit against the Consumer Financial Protection Bureau (CFPB) challenging the 2020 Repeal Rule, which revoked key provisions of the 2017 Rule designed to protect consumers from payday and vehicle-title loans. The CFPB and Intervenor-Defendant Consumer Financial Services Association of America (CFSA) filed motions to dismiss, arguing that NALCAB lacks standing. The court granted the motions, finding that NALCAB failed to establish standing, as its alleged injury was not concrete, particularized, or actual or imminent, and the court could not redress the alleged harm.

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Description

National Association for Latino Community Asset Builders (NALCAB) filed a lawsuit against the Consumer Financial Protection Bureau (CFPB) challenging the 2020...

Technical Information

  • File Format: PDF
  • File Size: 315 KB
  • Pages: 14
  • Language: EN
  • Total Downloads: 109
  • Last Updated: 1 week ago

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