CFPB · Proposed Rule; Withdrawal FR Doc. 2025-08645 · Published

CFPB Withdraws Proposed Rule on Prohibited Terms and Conditions in Consumer Financial Agreements (Regulation AA)

The CFPB is withdrawing its January 2025 proposed rule (Regulation AA) that would have prohibited certain contractual provisions in agreements for consumer financial products or services. No new obligations are imposed, and the Bureau will take no further action on the proposal.

InformationalEffective May 15, 2025All checks passedRead the withdrawal ↗ (opens in a new tab)

Loan impact

From the withdrawal text · verified

Applies to: No loans are affected; the document withdraws a proposed rule on prohibited contract terms in consumer financial agreements.

Effective
May 15, 2025
Applicability confidence
Verified: every row above is supported by the source text

What to do

AWACS interpretation · not source language

What to review: Nothing is mandatory here: the CFPB withdrew its proposed Regulation AA rule on prohibited contract terms as of May 15, 2025, imposes no new obligations, and affects no loans, so compliance only needs to note that the proposal is no longer pending.

Source and record

Version 1 · archived

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