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CFPB issues warning on ‘fine-print tactics‘ used to ‘trick‘ consumers
HousingWire via Yahoo Finance· 23 hours agoOn Tuesday, the CFPB released a circular warning companies that use "fine-print tactics to trick...
CFPB: Lenders Must Stop Hiding Unlawful Terms in Fine Print
PYMNTS.com· 20 hours agoThe Consumer Financial Protection Bureau (CFPB) is warning businesses against hiding “unlawful or...
CFPB Launches Public Inquiry into Rising Mortgage Closing Costs and ‘Junk Fees’
The National Law Review· 18 hours agoThe Consumer Financial Protection Bureau (CFPB) has launched a public inquiry into rising mortgage closing costs, seeking to understand the reasons behind the increase, identify ...
New CFPB Interpretive Rule to Regulate BNPL | JD Supra
JD Supra· 1 day agoThe Consumer Financial Protection Bureau (CFPB ) has issued an interpretive rule stating that Buy Now, Pay Later (BNPL) loan providers are "card issuers" under Subpart B of ...
Open Banking Standards to Include Consumer Voice, CFPB Says (1)
Bloomberg Law· 14 hours agoA final rule published on the CFPB’s website late Tuesday and subsequently taken down said the agency will require each member of the standard-setting body, including consumer ...
CFPB Launches Directory Of Scofflaws, Establishes Repeat Offender Unit | Crowdfund Insider
Crowdfund Insider· 2 days agoThe Consumer Financial Protection Bureau (CFPB) is launching a new public directory to detect repeat...
CFPB Issues Interpretive Rule Classifying BNPL Products as ‘Credit Cards’
The National Law Review· 2 days agoOn May 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued a significant Interpretive...
CFPB, financial trades clash over wire transfer fraud liability - CUInsight
CUInsight.com· 20 hours agoProtection Bureau’s assertion that consumers who initiate a wire transfer made through their...
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...
When is a Disclaimer Not a Disclaimer?
The National Law Review· 18 hours agoThe Consumer Financial Protection Bureau (“CFPB”) released a circular attempting to address “Unlawful and unenforceable contract terms and conditions”. The circular states ...
