Woodstock Institute Pushes for Fairness in Small Business Lending

Illinois Consumer Advocacy Group Responds to CFPB Proposal

In response to proposed rules on small business lending issued by the Consumer Financial Protection Bureau (CFPB), Chicago-based Woodstock Institute released a comment letter calling for fairness in data collection.

In their letter, Woodstock outlined some key concerns with the current process of data collection relative to Section 1071 of the Dodd-Frank Act.