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Michigan federal court shuts down class action against Flagstar Bank for so-called “surprise ...
JD Supra· 2 days agoThe court previously dismissed the plaintiff’s conversion claim in 2021, but allowed the breach of contract claims to proceed.
EDITORIAL: Win some, lose some | Arkansas Democrat Gazette
Arkansas Democrat-Gazette· 10 hours agoThis past week, a court in Texas ruled in favor of banks and credit-card companies charging late...
Most common hidden ‘junk fees’ and how much they cost you
FOX 10 Phoenix· 21 hours agoWatch: President Biden announces new measures targeting surpriseoverdraft and NSF fees banks charge...
Federal judge temporarily halts Biden plan to lower credit card late fees to $8
ClickOnDetroit· 6 days agoIt is also a win for the U.S. Chamber of Commerce, which led the lawsuit on behalf of the banks. The...
US Supreme Court upholds consumer finance watchdog agency's funding mechanism
Reuters via Yahoo News· 4 hours agoThe U.S. Supreme Court on Thursday upheld the Consumer Financial Protection Bureau's funding...
Supreme Court backs Biden on CFPB funding suit, avoiding warnings of housing 'chaos'
USA TODAY via Yahoo News· 4 hours agoAt the center of the case was a payday lending rule the bureau issued in 2017. The rule bars lenders from withdrawing payments from borrowers' bank accounts after two failed ...
Supreme Court Upholds Consumer Watchdog's Funding
Bloomberg via Yahoo News· 3 hours ago(Bloomberg) -- The US Supreme Court upheld the Consumer Financial Protection Bureau’s funding system, lifting a legal threat that could have derailed an...
I Want to Start on the Best Financial Foot, What’s My First Move?
The Wall Street Journal· 7 hours agoThe earlier you seize the power of compound interest, the easier it will be to reach your money...
CFPB Announces Proposed Rule Regarding Nonsufficient Funds Fees
The National Law Review· 6 days agoOn Wednesday, January 24, 2024, the Consumer Financial Protection Bureau (CFPB) announced a Proposed...
Digital bank Chime to roll out earned wage access product
Fast Company Magazine· 22 hours agoU.S. digital bank Chime is launching a product that will allow customers to access up to $500 of...