The CFPB issued its 2025 Small Business Lending Filing Instructions Guide Friday. It updates compliance dates used in the filing instructions to correspond with the new compliance dates for the small business lending rule.
The CFPB issued an interim final rule in June extending compliance dates of the small business lending rule due to a court decision.
The 2025 changes include updating:
- References that use the year 2024 to references that use the year 2025 throughout the guide;
- The applicable filing period for this guide to reflect the updated Tier 1 compliance dates of July 18, 2025, through December 31, 2025;
- The “Action Taken Date” and “Application Date” data point examples so that they reflect the new compliance dates and use year 2025;
- The validation ID E0321 to reflect the updated filing period based on the new Tier 1 compliance dates.
The CFPB has also updated other resources to reflect the extended compliance dates.
