Consumer Protection during the Pandemic

In the United States, the COVID-19 pandemic continues to be a health and economic crisis. As the virus forced the closure of many businesses, workers were faced with historic levels of unemployment, and the February unemployment level remained elevated at 6.2 percent while the labor force participation rate has declined. This book provides information about the state of federal consumer financial protection policies under the current administration. It will discuss specific areas of concern, including payday lending practices, the servicing of student loans, and enforcement of existing law to provide better protection for consumers.