Important State Law Developments for Small-Dollar Lenders

Event Details
September 2018
11:00 AM - 12:00 PM ET

While the federal regulatory outlook for small-dollar lenders has improved considerably, pitfalls continue to arise at the state level. Please join us for a discussion of recent activity in California, Colorado and Ohio with potentially disruptive consequences for the small-dollar loan industry.


  • An overview of the recent changes to Ohio's small-dollar loan statute, and its impact on entities operating as "credit services organizations;"

  • The timing and implementation of the changes to Ohio's statute as well as discussion of potential product offerings under it;

  • The impact of the Supreme Court of California's De La Torre v. CashCall decision that interest rates on loans made under the California Financing Law may be unconscionable;

  • States susceptible to similar attacks on high-cost loans using the reasoning of De La Torre;

  • The status of a Colorado ballot initiative to limit "payday loans" to an APR of 36%; and

  • An update on the status of the CFPB's small-dollar loan rule. 


Alan S. Kaplinsky
Practice Leader
Consumer Financial Services


Jeremy T. Rosenblum
Practice Leader
Consumer Financial Services

Mark J. Furletti
Consumer Financial Services

Jason Cover
Consumer Financial Services

Jeremy Sairsingh
Consumer Financial Services

This program is open to Ballard Spahr clients and prospective clients and members of the financial services industry. There is no cost to attend. This program is not eligible for CLE credits.

Please register at least two days before the webinar. Login details will be sent to all approved registrants. For more information, contact Dan Martin at martind@ballardspahr.com.  

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