The short answer to this question is the Bureau of Consumer Financial Protection (BCFP) has postponed implementation of the new rules. Additionally, the Federal Payday Loan Rules are being litigated in Federal Court (Austin, Texas). Finally, the leadership of the BCFP indicates that they are not fully on board with the regulations as they are currently written. A positive sign.
So for now, the new regulations are on hold. Here is the timeline:
On November 17, 2017 the Bureau of Consumer Financial Protection (BCFP) issued final regulations known as the Payday Loan Rules with an effective date of January 16, 2018 and a compliance date of August 19, 2019 (https://www.federalregister.gov/documents/2017/11/17/2017-21808/payday-vehicle-title-and-certain-high-cost-installment-loans).
On January 16, 2018 the BCFP announced that it would reconsider the new Payday Loan Rules so the effective date was postponed (https://financialregnews.com/cfpb-reconsider-payday-loan-rule/).
On April 9, 2018 two payday loan associations filed a lawsuit against the BCFP seeking to invalidate the new Payday Loan Rules (https://view.publitas.com/b3b4bf86-9405-47ef-af3b-a1a3a2ed4c61/complaint-against-cfpb-on-small-dollar-loan-rule/page/1).
On May 31, 2018 the BCFP and the two payday loan associations filed a joint motion to postpone the compliance date of the Payday Loan Rules until 445 days after the lawsuit is settled. There is no date set for oral arguments (https://www.consumerfinancemonitor.com/wp-content/uploads/sites/14/2018/05/https-ecf-txwd-uscourts-gov-doc1-181120208482-6.pdf).