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CFPB Director Targets Credit Reporting Fees
The National Law Review· 1 day 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 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...
CFPB proposes new BNPL protections
Axios· 3 days agoThe rule would formalize conventions that have informally been in place for some time.
CFPB Considering Increased Regulation of Credit Card Rewards Programs | JD Supra
JD Supra· 6 days agoOn May 9, 2024, the CFPB released a comprehensive report detailing its findings on challenges reported by consumers regarding their credit card rewards programs. This report ...
CFPB Says BNPL Must Provide Consumer Protections Offered by Credit Cards
PYMNTS.com· 3 days ago“Regardless of whether a shopper swipes a credit card or uses buy now, pay later, they are entitled...
America’s Credit Unions: BNPL rule doesn’t go far enough - CUInsight
CUInsight.com· 1 day agoThe Consumer Financial Protection Bureau’s rule governing Buy Now, Pay Later purchases does not go...
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...
CFPB Targeting ‘Lack of Competition’ in Credit Reporting, Credit Scores
PYMNTS.com· 5 days agoCFPB) is looking to improve “competition, choice and affordability” in credit reporting costs and...
CFPB Goes on Offense, Faces New Challenges After High Court Win
Bloomberg Law· 4 days agoIts director, Rohit Chopra, said enforcement is now “firing on all cylinders.” The Supreme Court’s decision will have immediate and significant impact on ...
CFPB tightens rules for buy now, pay later lenders
FOX Business· 3 days ago"When consumers check out and choose Buy Now, Pay Later, they don’t know if they will get a refund if they return their product or whether the lender...