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‘Mini CFPB’ won’t solve California’s bank regulation problems

05/03/19

The state should overhaul its Department of Business Oversight, but proposals to create a statewide financial protection bureau miss the mark.

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Three laws signed by California governor will hit lenders

10/01/18

Among the three measures is a requirement for boards of publicly traded firms to include more women.

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Calif. investigating role of lead generators in high-cost lending

09/26/18

Gov. Jerry Brown’s administration sent letters Wednesday to 20 nonbank lenders that charge triple-digit annual percentage rates to try to determine if their use of online referrals is steering borrowers into larger loans than they want or need.

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Small-business borrowers on verge of consumer-style protections in Calif.

09/05/18

If Gov. Jerry Brown signs the legislation headed to his desk, it would be the first law of its kind in the U.S. It is designed to allow small-business owners to make comparisons between offers in the often bewildering world of online business lending.

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Loans not subject to usury cap can still be illegal: Calif. high court

08/13/18

Judges say a CashCall loan may have fit the state’s definition of an “unconscionable” interest rate.

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States mull loosening of laws in response to CFPB payday rule

02/01/18

Lobbyists for the payday loan industry are getting a warmer reception in state capitals in 2018 than they did last year. One of their key arguments is that the federal crackdown on payday loans, which is now on hold, requires a response from the states.

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Retailers score latest win in fight to allow credit card surcharges

01/03/18

Merchants have been challenging surcharge bans in numerous states on free-speech grounds. They have the wind at their backs following another court victory on Wednesday.

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