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CFPB tables proposals for debt collectors, credit-reporting agencies, auto financers

Image of a large array of automobiles for sale in a large lot outside.
Photo: Kevin Carter/Getty Images

All of these proposed rulemakings would alter the CFPB’s supervisory authority over nonbank entities operating in each of these markets.

The Consumer Financial Protection Bureau (CFPB) has published four proposed rulemakings regarding how the CFPB defines larger participants in the automobile financing, consumer debt collection, consumer reporting and international money transfer markets.

Its rulemaking would greatly alter the CFPB’s supervisory authority over nonbank entities operating in each of these markets,