Sidley Lawyers Speak on CFPB’s Ability-to-Repay and Immigration Guidance at American Bankers Association Webinar

On September 9, Sidley partners David Monteiro, Marketa Lindt, and Kristin Lee joined the American Bankers Association for its webinar, “CFPB’s Statement on Ability to Repay and Immigration: A Deeper Dive.” The panel discussed the interaction between immigration law and the CFPB’s guidance, as well as practical strategies for navigating the guidance alongside federal and state consumer protection and anti-discrimination laws.

The CFPB’s Statement on Ability to Repay and Immigration Status was issued on June 8, 2026, addressing creditors’ obligations under the Truth in Lending Act and Regulation Z, and the consideration of immigration status when assessing a consumer’s ability to repay.

The American Bankers Association represents banks of all sizes and supports the banking industry through advocacy, education, tools, and resources, with a focus on helping banks strengthen the economy and the communities they serve.