![United States: CFPB Issues No-Action Letter On Bank's Small-Dollar Loan Program - Cadwalader, Wickersham & Taft LLP](https://cdn.newsserve.net/ONPglobe256.png)
United States: CFPB Issues No-Action Letter On Bank's Small-Dollar Loan Program - Cadwalader, Wickersham & Taft LLP
The CFPB issued a no-action letter to Bank of America stating that the agency would not take enforcement action against the bank in connection with a small-dollar lending program.
Full Article