Consumer Credit and Privacy Compliance
Online research tools to manage compliance with federal and state laws and regulations
CounselorLibrary.com, LLC, an affiliate of the law firm of Hudson Cook, LLP, is the leading compliance resource for the consumer financial services and privacy industries, providing comprehensive coverage and analysis of federal and state laws, regulations, and litigation. Select a category below, or view all products.
2026 Financial Services Conference
November 8-10, 2026
Save the Date! Our 22nd Annual Conference is in Baltimore at the Four Seasons Hotel. For more details and to register, click here.
Last Week, This Morning®
Key developments from the past week in consumer and commercial finance and privacy law.
White House Releases Comprehensive National Policy Framework for Artificial Intelligence
Financial Stability Oversight Council Issues Proposed Guidance on Nonbank Financial Company Designations
Oklahoma Enacts Comprehensive Consumer Data Privacy Law
Washington Enacts Uniform Consumer Debt Default Judgments Act
Utah Strengthens Debtor's Right to Prepay Without Penalty
Trump Issues Executive Order Promoting Access to Mortgage Credit
New York Significantly Revises New York Coerced Debt Law
South Dakota Enacts Financial Exploitation Bill
AGs Sue Federal Government over Fair Housing Guidance
New York AG Sues Solar Power Installation Company and Lenders for Misleading Customers into Signing Sales or Loan Contracts
FTC Releases ANPRM on Negative Option Rule
FTC Sends Letter to 97 Auto Dealerships Warning of Deceptively Advertised Pricing for Vehicles
Senator Warren Continues to Seek Information from Auto Financing Industry -Now Focusing on Servicemembers
Oregon's DIDMCA Opt-Out Bill Awaits Governor's Signature
Colorado Settles Claims Against Debt Collector for Violations of Colorado FDCPA
Hudson Cook Insights
Today's Trends in Credit Regulation
Analysis of Finalized New York City Debt Collection Regulation: Part 1
By Thomas P. Quinn, Jr.
The long and winding road that has been the revisions to the New York City Debt Collection Regulation appears to be at an end. On February 26, 2026, the New York City Department of Consumer and Worker Protection ("DCWP") issued a Notice of Adoption ("NOA") finalizing revisions to the Big Apple's conduct-regulating debt collection scheme. article continued
The Bot Said It Was Fine: The Perils of AI-Generated Legal Advice for Dealers and Finance Companies
By Megan C. Nicholls and Mark D. Metrey
It's a busy day for operations. Customers are everywhere, and business is good. You need to respond to a question about a payment convenience fee. To save time, you quickly enter: "Can I charge an ACH convenience fee in [state]" into your favorite generative artificial intelligence tool. article continued
Consumer Financial Services Bites of the Month - March 18, 2026 - "March Wind's Gonna Blow My Blues All Away."
By Justin B. Hosie, Eric L. Johnson and Kristen Yarows
In this month's article, we share some of our top "bites" covered during the March 2026 webinar. article continued
New York Amends, Delays Coerced Debt Law
By Thomas P. Quinn, Jr. and Charles F. Dodge, Jr.
With a few days to spare as the clock ticked toward a March 20th effective date, New York Governor Kathy Hochul kept good on an earlier promise to revise the state's coerced debt law (the "Coerced Debt Law"). The Coerced Debt Law, which resides in Article 29-HHH of the state's General Business Law, was initially adopted in mid-December 2025. article continued