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CFPB Supreme Court Decision Shifts Focus to Technology’s Impact on Consumer Finance
PYMNTS.com· 6 days agoThe Consumer Financial Protection Bureau (CFPB) has been validated in the aftermath of last week’s...
Buy Now, Pay Later Plans Could Be Counted as Credit Cards, CFPB Says
CNET· 4 days agoAll your buy now, pay later plans might soon be treated as credit card purchases. At least, that’s...
CFPB Rules Buy Now, Pay Later Lenders Must Offer Key Credit Card Protections | JD Supra
JD Supra· 3 days agoThe Bureau claims its authority to issue this interpretive rule — in lieu of a formal rulemaking — stems from the Truth in Lending Act (TILA) and Regulation Z, and its general ...
SCOTUS Upholds CFPB Funding Mechanism | JD Supra
JD Supra· 6 days agoIn a landmark decision issued on May 16, the Supreme Court held that the Consumer Financial Protection Bureau’s (CFPB) funding mechanism is constitutionally sound, as it does ...
CFPB says buy now, pay later firms must comply with U.S. credit card laws
NBC Bay Area· 4 days agoThe Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy...
Buy Now, Pay Later Plans Must Follow Credit Card Rules, Says CFPB
CNET· 3 days agoAll your buy now pay later plans might soon be treated as credit card purchases -- at least as it...
CFPB Hints at Future Regulatory Action Targeting Credit Card Rewards Programs | JD Supra
JD Supra· 6 days agoOn May 9, 2024, the Consumer Financial Protection Bureau (CFPB) published a report highlighting common themes in complaints received from consumers, including mismatches between ...
CFPB to treat BNPL loans like credit cards
Banking Dive· 5 days agoThe Consumer Financial Protection Bureau issued a new rule Wednesday saying that buy now, pay later companies are credit card providers, and must provide similar consumer protections as credit ...
CFPB Director Targets Credit Reporting Fees
The National Law Review· 2 days agoThe CFPB is continuing its crusade against so called “junk fees,” and now is looking at crediting reporting fees. In a May 20 speech to the Mortgage Bankers Association, Director ...
CFPB’s credit card late fee rule stayed | JD Supra
JD Supra· 6 days 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 ...
