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CFPB Applies Consumer Credit Card Protections to Buy Now, Pay Later Plans | JD Supra
JD Supra· 1 day agoBuy Now, Pay Later (“BNPL”) payments are often presented by retailers and BNPL lenders to consumers as an alternative to traditional credit card...
CFPB Report Targets Games and Virtual Worlds - What Blockchain Game and Metaverse Companies Need to...
JD Supra· 6 days agoThe Consumer Financial Protection Bureau (“CFPB”) published a report on Banking in Video Games and Virtual Worlds ...
US Financial Watchdog Announces Registry of Nonbank Corporate Offenders
US News & World Report· 2 days agoNew regulations require debt collectors, mortgage and payday lenders, credit reporting companies and other nonbank financial services companies, many of ...
CFPB Poised To Up The Ante After Supreme Court Victory | JD Supra
JD Supra· 6 days agoThis is the second part of a two-part series on Consumer Financial Protection Bureau v. Community Financial ...
Troutman Pepper Weekly Consumer Financial Services Newsletter - May 2024 # 4 | JD Supra
JD Supra· 7 days ago...Commission (FTC) provided its annual report to the Consumer Financial Protection Bureau (CFPB) on its enforcement and related activities in 2023 on the Truth in Lending Act (TILA), Consumer Leasing Act (CLA), and Electronic...s enforcement actions and initiatives under these laws and their...
PA student loan servicer sued over alleged illegal collection of money and fraud
WJET - WFXP Erie· 2 days ago(WJET/WFXP) — The Consumer Financial Protection Bureau (CFPB), an independent U.S. federal agency...
U.S. Supreme Court Upholds CFPB’s Funding Mechanism as Constitutional | JD Supra
JD Supra· 2 days agoOn May 16, 2024, the United States Supreme Court issued its highly anticipated decision in Consumer Financial Protection Bureau ...
‘Buy Now, Pay Later’ Borrowers Get More Safeguards With New Rule
New York Times· 5 days agoBorrowers of the popular “buy now, pay later” installment loans should find it easier to dispute charges and get refunds under a new rule announced by the federal government last week. The & ...
The right way to deal with medical debt
The Washington Times· 19 hours agoA clear pattern has emerged within the federal government. Sweeping and costly regulations are being advanced that reflect a lack of market knowledge and...
Surprise! CFPB Claims That Buy Now, Pay Later Providers Are “Card Issuers” Under Reg Z | JD Supra
JD Supra· 5 days agoBNPL providers would be surprised by this conclusion because BNPL is non-revolving...