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New CFPB Interpretive Rule to Regulate BNPL | JD Supra
JD Supra· 1 day agoThe Consumer Financial Protection Bureau (CFPB ) has issued an interpretive rule stating that Buy Now, Pay Later ( ...
Where to Begin With the CFPB's "Buy Now, Pay Later" Interpretative Rule... | JD Supra
JD Supra· 1 day agoThe Consumer Financial Protection Bureau's interpretative rule provides that traditional "Buy Now, Pay Later" (BNPL ...
CFPB Launches Public Inquiry into Rising Mortgage Closing Costs and ‘Junk Fees’
The National Law Review· 17 hours agoThe Consumer Financial Protection Bureau (CFPB) has launched a public inquiry into rising mortgage closing costs, ...
Harvard fellow: CFPB's 'buy now, pay later' regulation isn't enough — nothing 'substantively...
CNBC· 2 days agoThe Consumer Financial Protection Bureau declared in May that buy now, pay later customers should...
CFPB Issues Interpretive Rule Classifying BNPL Products as ‘Credit Cards’
The National Law Review· 2 days agoOn May 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued a significant Interpretive...
CFPB issues warning on ‘fine-print tactics‘ used to ‘trick‘ consumers
HousingWire via Yahoo Finance· 22 hours agoOn Tuesday, the CFPB released a circular warning companies that use "fine-print tactics to trick ...
CFPB to Create Registry of Consumer Law-Breaking Nonbank Financial Companies
PYMNTS.com· 2 days agoThe Consumer Financial Protection Bureau (CFPB) issued a final rule to establish a registry of...
FTC provides annual report to CFPB regarding activities in 2023 under consumer financial services...
JD Supra· 6 days ago...sent its annual report to the Consumer Financial Protection Bureau (“CFPB”) highlighting its enforcement actions and initiatives in...Truth in Lending Act (“TILA”), Consumer Leasing Act (“CLA”), and Electronic...CFPB with rulemaking and enforcement authority over the major consumer financial...
US financial watchdog announces registry of nonbank corporate offenders By Reuters
Investing.com· 2 days agoNew regulations require debt collectors, mortgage and payday lenders, credit reporting companies and...
CFPB sues student loan servicer PHEAA for pursuing borrowers for loans discharged in bankruptcy
Retail Banker International via Yahoo Finance· 5 days agoSecond CFPB action against PHEAA this year The CFPB alleges that PHEAA’s practices violate the ...