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CFPB Issues Interpretive Rule Designating BNPL Providers as Card Issuers Subject to Regulation Z |...
JD Supra· 6 days agoOn May 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule stating that providers of “buy now, pay later” (BNPL) products that issue “digital ...
CFPB sues student loan servicer PHEAA for pursuing borrowers for loans discharged in bankruptcy
Retail Banker International via Yahoo Finance· 2 days agoThe Consumer Financial Protection Bureau (CFPB) has sued student loan servicer Pennsylvania Higher...
CFPB alleges dark patterns in suit against fintech peer-to-peer lender | JD Supra
JD Supra· 4 days agoOn May 17, 2024, the Consumer Financial Protection Bureau (“CFPB”) filed suit against an online lending platform, alleging, among other things, the use of dark patterns to ...
Supreme Court Upholds CFPB’s Funding Structure | JD Supra
JD Supra· 6 days agoCommunity Financial Services Association of America, Ltd., upholding the funding structure of the Consumer Financial Protection Bureau (CFPB). In a previous post, we reported ...
JD Supra: CFPB Issues Findings on Recent Changes in Medical Collections on Consumer Reports
JD Supra· 2 days agoEarlier this week, the Consumer Financial Protection Bureau (CFPB or Bureau) released its second report detailing changes in the credit reporting of medical debts made by ...
CFPB Late Fee Lawsuit Moved Back to DC Court
PYMNTS.com· 5 days agoThis round of jurisdictional ping pong goes to the CFPB. A federal judge in Texas has bounced a lawsuit challenging the consumer protection agency’s...
CFPB To Probe Home Sale Closing Costs
Investopedia· 4 days agoBuyers are faced "dozens" of fees in a typical home closing, leading to added expenses that are hard to get around, the CFPB said. Should the CFPB's...
Consumer Finance Monitor Podcast Episode: An Insider’s View of the CFPB | JD Supra
JD Supra· 4 days agoAfter decades as an industry risk executive, Mr. Tonetti joined the Consumer Financial Protection Bureau (CFPB), where he worked for many years in roles including Debt Collection ...
CFPB Report Targets Games and Virtual Worlds – What Blockchain Game and Metaverse Companies Need to...
The National Law Review· 5 days agoThe Report is applicable to all types of games and virtual worlds, but creators and publishers of...
Surprise! CFPB Claims That Buy Now, Pay Later Providers Are “Card Issuers” Under Reg Z | JD Supra
JD Supra· 3 days agoTo the likely surprise of providers of buy now, pay later (“BNPL”) financing, last week the Consumer Financial Protection Bureau (“CFPB”) issued an interpretive rule stating ...