Benchmark: CFPB Proposed Rule: Small Business Lending Data Collection Changes

Take this benchmark to assess how much you would benefit from taking the course on the CFPB’s Proposed Rule on Small Business Lending Under the Equal Credit Opportunity Act (Regulation B). In a few minutes, you’ll answer scenario-style questions that probe how well you grasp the rule’s intent, who it affects, and the trade-offs it creates.

What you get from taking this benchmark:
– A quick read on whether you understand why the CFPB is narrowing scope to core products and larger lenders, and how that supports data quality and fair lending goals.
– Insight into operational readiness—coverage thresholds, a single compliance date, streamlined data collection, and applicant rights.
– Clarity on equity and access implications—who benefits, where blind spots may grow (e.g., rural or niche markets), and what that means for community development.
– Awareness of how public comments can shape the final rule and where your organization should focus its feedback.

If your answers reveal gaps, the course will help you translate the proposal’s intent into practical steps for compliance planning, stakeholder engagement, and impact assessment.