USRegulationOfficial ✓June 17, 2026· Federal Register
Equal Credit Opportunity (Regulation B); Special Purpose Credit Programs; Rescission
What happened
On June 17, 2026, the Consumer Financial Protection Bureau rescinded an advisory opinion that was issued in December 2020. This rescinded advisory opinion concerned how Regulation B, which implements the Equal Credit Opportunity Act, applies to special purpose credit programs designed by for-profit organizations to meet social needs.
Who it affects
- ›For-profit organizations with special credit programs
- ›Individuals seeking special purpose credit
- ›Consumer Financial Protection Bureau
Receipts
The receipts are official. The summary is ours.
Read on Federal Register ↗Summaries are generated from the official text and may simplify or omit nuance. The official document is the source of truth.
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