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Consumer Financial Protection Bureau (CFPB) Takes Action to Ensure Consumers Can Dispute Charges and...
Sierra Sun Times· 28 minutes agoWASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) last week issued an interpretive rule that confirms that Buy Now, Pay Later lenders are credit card providers ...
How to protect your credit card rewards as CFPB responds to a surge in customer complaints
Yahoo Personal Finance· 2 days agoAmid rising complaints, the CFPB is taking a close look at credit card reward programs. While...
CFPB sues SoLo Funds, alleging it concealed costs from borrowers
Banking Dive via Yahoo Finance· 4 days agoThe fintech's tip structure inflates the APR on loans, but most loans aren't funded unless a tip is...
Buy now, pay later companies must adhere to credit card rules
Los Angeles Times· 4 hours agoBuy now, pay later loans are typically marketed as zero interest or low interest, and they allow...
CFPB says buy now, pay later firms must comply with U.S. credit card laws
CNBC· 4 days agoRohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on...
CFPB tightens rules for buy now, pay later lenders
FOX Business· 4 days agoThe Consumer Financial Protection Bureau (CFPB) on Wednesday announced it will impose some of the same rules on buy now, pay later (BNPL) lenders that...
Challenging the CFPB After CFPB v. CFSA | JD Supra
JD Supra· 5 days agoCommunity Financial Services Association of America, Ltd., holding that the CFPB’s unique funding mechanism does not violate the Appropriations Clause of the Constitution.
Supreme Court Holds That CFPB’s Funding Is Constitutional, Clearing Way for Rulemaking Agenda
The National Law Review· 6 days agoGo-To Guide: On May 16, 2024, the U.S. Supreme Court held 7-2 that the Consumer Financial Protection...
CFPB Goes on Offense, Faces New Challenges After High Court Win
Bloomberg Law· 4 days agoCourt. Its director, Rohit Chopra, said enforcement is now “firing on all cylinders.” The Supreme Court’s decision will have immediate and significant impact on the consumer finance industry ...
CFPB Bites of the Month - May 2024 - CFPB: Light My Way, Virginia May | JD Supra
JD Supra· 3 days agoOn May 13, 2024, the CFPB and Federal Reserve Board ("FRB") jointly announced adjusted dollar amounts relating to the availability of customer funds. In 2019, the