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Federal judge halts new rule on credit card late fees | New Orleans' Multicultural News Source | The...
Louisiana Weekly· 1 day agoMay 14 was the day that the Consumer Financial Protection Bureau (CFPB) was set to implement a new rule that would save credit card holders an estimated ...
Fintech lender SoLo Funds is being sued again by the government over its lending practices
TechCrunch· 16 hours agoThe Consumer Financial Protection Bureau (CFPB) is suing SoLo Funds, a fintech company that enables...
Here's How Your Credit Card Debt Stacks Up to the Average American
The Motley Fool· 7 days agoOwing money on credit cards is costly. According to the Federal Reserve Bank of St. Louis, the average interest rate was 21.59% as of February 2024. Credit
CFPB’s credit card late fee rule stayed | JD Supra
JD Supra· 1 day agoDistrict Court for the Northern District of Texas entered an opinion and order granting the plaintiffs, comprising several trade organization, its motion for preliminary injunction and placed ...
As rewards credit cards face regulation, what are the alternatives?
Seattle Times· 19 hours agoRonald Duben is ready to give up his credit card. Duben has been dutifully shelling out $120 a year...
CFPB Hints at Future Regulatory Action Targeting Credit Card Rewards Programs | JD Supra
JD Supra· 1 day agoOn May 9, 2024, the Consumer Financial Protection Bureau (CFPB) published a report highlighting common themes in complaints received from consumers, including mismatches between ...
Over 28 Million People Took Out a Personal Loan in Late 2023. Should You?
The Motley Fool via AOL· 16 hours agoBut that doesn't mean you don't risk unfavorable consequences. If you don't repay a personal loan,...
Self Visa Review: A Different Kind of Secured Credit Card - NerdWallet
Nerdwallet· 3 days agoTypically when you apply for a credit card, the issuer conducts a hard inquiry that temporarily...
FTC Bureau of Consumer Protection Remarks Compare Lessons Learned from Consumer Credit as a Model...
The National Law Review· 6 days agoIn the middle of the 20th century, there was a massive expansion of the retail credit market....
CFPB Sues Fintech for Deceptive Practices Surrounding Tipping Service | JD Supra
JD Supra· 1 day agoThe Bureau alleges that while the company markets itself as offering 0% APR loans, its use of dark patterns ensures that almost every borrower pays a fee, in the form of a ...