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Payday Lending Rule. Resources to help industry understand, implement, and comply with the Payday Lending Rule. On August 11, 2020, the Bureau issued several Frequently Asked Questions (FAQs) about the Small Dollar Lending Rule. Access the Small Dollar Lending noted in the statement on supervisory and enforcement practices regarding certain large loans under the Payday Lending Rule released on July 7, 2020, while the Bureau monitors and assesses the effects of the Payment Provisions, it does not intend to take supervisory or enforcement action under the Payment Provisions with regard to covered loans that exceed the Regulation Z coverage threshold in 12 CFR § (b). From January 1, 2020, through December 31, 2020, …Payday L ending Rule’s mandatory underwriting provisions to November 19, 2020 and made technical corrections to the 2017 Payday Lending Rule. On July 7, 2020, the Bureau issued a final rule ( Revocation Final R ule) to revoke certain p ro visions

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