Compliance deadlines for the CFPB 1071 rule have changed from tiered to a single date under the final rule issued May 1, 2026, with covered lenders required to collect small business lending data starting Jan. 1, 2028. Understanding the 1071 rule deadlines for collection and reporting is the first step in preparing to comply with the small business loan data regulation.
Use this guide to learn:
- When and how covered institutions must begin collecting data
- When data generated by the CFPB 1071 rule needs to be reported
- Which lenders must report and other changes from the 2023 rule framework
Check out other job aids, articles, and related resources for complying with the 1071 rule:
