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CFPB Director Targets Credit Reporting Fees
The National Law Review· 20 hours 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 Rohit ...
Chopra says he is ‘open to’ reviewing the LO comp rule
HousingWire via Yahoo Finance· 5 days agocommission compensation and innovation Rohit Chopra, director of the Consumer Financial Protection...
CFPB says buy now, pay later firms must comply with U.S. credit card laws
CNBC· 3 days agoRohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on...
Consumer agency: Buy-now, pay-later firms must offer refunds, provide other rights
United Press International via Yahoo Finance· 3 days agoA new Consumer Financial Protection Bureau rule interpretation issued Wednesday gives buy -now,...
Closed Your Chime Account? You May Be Owed $150
CNET· 7 days agoThe bureau issued an order that San Francisco-based Chime pay $3.25 million to the CFPB victim’s relief fund as a penalty and at least $1.3 million to...
Buy Now, Pay Later Needs Credit Card-Like Oversight, CFPB Says
The Business of Fashion· 3 days agoBuy now, pay later lenders such as Block Inc.’s Afterpay, Affirm Holdings Inc. and Klarna Bank AB...
CFPB Targeting ‘Lack of Competition’ in Credit Reporting, Credit Scores
PYMNTS.com· 5 days agoIn prepared remarks for a speech at a Mortgage Bankers Association conference, CFPB Director Rohit ...
Consumer agency: Buy now, pay later companies must adhere to credit card standards
The Day· 3 days agoConsumer Financial Protection Bureau Director Rohit Chopra speaks from the South Court Auditorium on...
How to protect your credit card rewards as CFPB responds to a surge in customer complaints
Yahoo Personal Finance· 1 day agoAmid rising complaints, the CFPB is taking a close look at credit card reward programs. While...
Buy-now-pay-later will be regulated like credit cards under new Biden rule. Here’s what shoppers...
Market Watch· 3 days agoThe announcement “means that consumers should receive disclosures that lay out fees, pricing...
