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How to protect your credit card rewards as CFPB responds to a surge in customer complaints
Yahoo Personal Finance· 10 hours agoAmid rising complaints, the CFPB is taking a close look at credit card reward programs. While...
JD Supra: CFPB Enters Consent Order Against BloomTech Over Misleading Income-Share Agreements
JD Supra· 2 hours agoOn April 17, the Consumer Financial Protection Bureau (CFPB or Bureau) entered a consent order against BloomTech, a for-profit vocational school, and its CEO, Austen Allred ...
JD Supra: CFPB Backs Connecticut and California Bills to Prohibit Medical Debt Reporting
JD Supra· 3 hours agoRecently, the Consumer Financial Protection Bureau (CFPB or Bureau) submitted letters to senators in Connecticut and California supporting their proposals to prohibit medical ...
CFPB Interpretive Rule Holds That BNPL Lenders Are Credit Card Providers
The National Law Review· 5 hours agoOn May 22, the CFPB announced an interpretive rule confirming that Buy Now, Pay Later (BNPL) lenders...
JD Supra: CFPB: For-Profit School Misrepresented ISAs, Made False Claims About Grads’ Employment...
JD Supra· 5 hours agoInstitute of Technology, and its CEO, Austen Allred, for mischaracterizing BloomTech’s income-share agreements (ISAs) and misrepresenting its graduates’ employment rates. According to the < ...
CFPB Shuts Down Debt Relief Provider Over Fraudulent Student Loan Practices
The National Law Review· 5 hours agoOn May 20, the CFPB settled an enforcement action against a California-based telemarketing firm for...
CFPB Bites of the Month - May 2024 - CFPB: Light My Way, Virginia May | JD Supra
JD Supra· 24 hours agoOn May 13, 2024, the CFPB and Federal Reserve Board ("FRB") jointly announced adjusted dollar amounts relating to the availability of customer funds. In 2019, the
What the CFPB’s Supreme Court Victory Means for Financial Institutions | JD Supra
JD Supra· 17 hours agoUntil recently, the most popular topic of discussion in the financial services world has been the outcome of the Supreme Court case CFPB v. Community Financial Services Association ...
CFPB Director Targets Credit Reporting Fees
The National Law Review· 4 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 ...
Good News for Shoppers Who Love Buy-Now, Pay-Later Programs
Time Magazine· 6 hours agoThe Consumer Financial Protection Bureau (CFPB) issued a new interpretive rule on Wednesday that...
