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How to protect your credit card rewards as CFPB responds to a surge in customer complaints
Yahoo Personal Finance· 3 days agoAmid rising complaints, the CFPB is taking a close look at credit card reward programs. While...
Buy now, pay later programs must adhere to credit card standards, consumer agency says
KOAA5· 7 hours agoThe agency began an inquiry into the short-term lending industry two years ago, and it issued the...
CFPB sues SoLo Funds, alleging it concealed costs from borrowers
Banking Dive via Yahoo Finance· 5 days agoThe fintech's tip structure inflates the APR on loans, but most loans aren't funded unless a tip is...
CFPB Bites of the Month - May 2024 - CFPB: Light My Way, Virginia May | JD Supra
JD Supra· 4 days 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
BNPL: CFPB acts to ensure consumers can dispute charges and obtain refunds
Electronic Payments via Yahoo Finance· 5 days agoThe CFPB launched its inquiry into the rapidly expanding BNPL market more than two years ago. It...
The CFPB Turns its Focus to Credit Card Reward Programs
The National Law Review· 5 days agoThe Consumer Financial Protection Bureau (CFPB or Bureau) released a new report spotlighting common...
CFPB reports consumer complaints on credit card rewards programs | JD Supra
JD Supra· 6 days agoOn May 9, the CFPB issued a report on credit card rewards programs which highlighted the CFPB’s views on issues affecting millions of consumers. The report ...
JD Supra: CFPB’s Frotman speaks on medical debt collections and rental financial products
JD Supra· 5 days agoAs to medical billing, collections, and credit reporting, Frotman noted that the CFPB has received more than 15,000 complaints in the past two years, as ...
CFPB Brings Lawsuit Against FinTech Company for its Alleged Deceptive Practices and for Allegedly...
JD Supra· 7 days agoThe CFPB's complaint demands the following relief: a permanent injunction against the company from committing future violations of the Consumer Financial ...
What the CFPB’s Supreme Court Victory Means for Financial Institutions | JD Supra
JD Supra· 4 days 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 ...