The CFPB filed suit against Vanderbilt in early January, accusing the company of violating the Truth in Lending Act (TILA) and Regulation Z. The bureau said that “Vanderbilt’s business model ...
In their motion, the plaintiffs argued the CFPB exceeded its authority under the CARD Act, TILA, APA and the Constitution by implementing the final rule. Specifically, plaintiffs asserted that ...