Rule lifecycle · RIN:3170-AA09

Small Business Lending Under the Equal Credit Opportunity Act (Regulation B); Extension of Compliance Dates; Correction

Consumer Financial Protection Bureau — observed across 2 documents over 78 days. Use the source documents below before deciding whether this affects your business.

In plain English

The government corrected and extended the deadline for banks and lenders to follow updated fair-lending rules protecting small business borrowers from discrimination. If you borrow from financial institutions, review your rights under fair-lending rules; if you lend, prepare to comply with the new deadline.

First seen

Jul 3, 2024

Last seen

Sep 19, 2024

Latest stage

Rule

PRORULE → RULE

Effective on

Thursday, September 19, 2024

Stage timeline

  1. Final·Jul 3, 2024

    Small Business Lending Under the Equal Credit Opportunity Act (Regulation B); Extension of Compliance Dates

    effective Aug 2, 2024#2024-14396

  2. Final·Sep 19, 2024

    Small Business Lending Under the Equal Credit Opportunity Act (Regulation B); Extension of Compliance Dates; Correction

    effective Sep 19, 2024#2024-21265