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CFPB RIN: 3170-AA95 Publication ID: Fall 2019 
Title: Payday, Vehicle Title, and Certain High-Cost Installment Loans; Delay of Compliance Date 

The Bureau announced in 2018 that it intended to open a rulemaking to reconsider its 2017 rule titled Payday, Vehicle Title, and Certain High-Cost Installment Loans. The 2017 rule initially had a compliance date in August 2019.  The Bureau has since issued a final rule to delay the August 19, 2019 compliance date for the mandatory underwriting provisions of the regulation by 15 months, to November 19, 2020. The Bureau also made certain corrections to address clerical and non-substantive errors in other aspects of the 2017 rule.

Agency: Consumer Financial Protection Bureau(CFPB)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: Yes  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 1041   
Legal Authority: 12 U.S.C. 5512    12 U.S.C. 5531 and 5532   
Legal Deadline:  None
Action Date FR Cite
NPRM  02/14/2019  84 FR 4298   
NPRM Comment Period End  03/18/2019 
Final Rule  06/17/2019  84 FR 27907   
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related RINs: Related to 3170-AA80, Related to 3170-AA40 
Agency Contact:
Kristine Andreassen
Office of Regulations
Consumer Financial Protection Bureau
Washington, DC 20552
Phone:202 435-7700