Welcome to Hudson Cook Insights - a collection of articles written each month by the attorneys of Hudson Cook, LLP, in an effort to keep their clients and other compliance professionals informed about current trends and developments in consumer credit finance that will affect the way they do business.
In late February, in the midst of an historic East Coast Blizzard, the New York Department of Financial Services ("DFS") issued its pre-proposed regulations to implement the state's 2025 statute regulating buy-now-pay-later (BNPL) lenders (the "BNPL Act"). article continued
A merchant bankruptcy poses several dangers for revenue-based commercial funders. Most obviously, from a business standpoint, bankruptcy disrupts the merchant's ongoing revenue generation and the transfer of revenue to the funder. However, bankruptcy also poses important compliance considerations. article continued
In this month's article, we share some of our top "bites" covered during the February 2026 webinar. article continued
On January 12, 2026, the Consumer Financial Protection Bureau and the Department of Justice withdrew their October 2023 joint statement regarding the implications of a creditor's consideration of an individual's immigration status on compliance with the Equal Credit Opportunity Act. article continued
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