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CFPB Announces Proposed Rule Regarding Nonsufficient Funds Fees
The National Law Review· 2 days agoCovered financial institutions include banks, savings associations, credit unions, and people who...
CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze
CNBC· 3 days agoA Consumer Financial Protection Bureau regulation that promised to save Americans billions of...
The rule capping credit card late fees at $8 is on hold — here’s what it means for you
CNBC· 2 days agoA federal court on late Friday approved the industry's last-minute legal effort to pause the...
Federal Judge Blocks CFPB Rule Limiting Credit Card Late Fees
PYMNTS.com· 2 days agoThe government’s new rule that would limit credit card late fees has been blocked by a federal judge...
Director Chopra issues statement on FDIC/OCC/FHA proposal on incentive-based compensation...
JD Supra· 5 days agoCFPB Director Rohit Chopra has released a statement about the proposal issued by the Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and ...
JD Supra: CFPB Casts Larger Net over Credit Data Brokers, Furnishers, and Reporting Agencies.
JD Supra· 3 days agoIn the first week of April, CFPB Director Rohit Chopra delivered remarks at the White House on increasing credit and financial data protection and regulation</ ...
JD Supra: CFPB issues new circular on deceptive practices in connection with marketing remittance...
JD Supra· 2 days agoThe CFPB issued a new circular advising remittance transfer providers that false advertising about the cost or speed of sending remittance transfers can be considered a violation ...
CFPB’s Credit Card Late Fee Rule May Be a Windfall for BNPL Providers
PYMNTS.com· 3 days agoThe typical late fees charged by issuers will be lowered from $32 to about $8. The CFPB estimated...
Legal Decision Expected Today Regarding Implementation of CFPB Rule Reducing Credit Card Late Fees
The National Law Review· 2 days agoThis rule comes on the heels of the CFPB and Federal Trade Commission (FTC) submitting an amicus...
The feds may crack down on credit-card rewards programs. Here’s what that means for your points and...
Market Watch· 2 days agoCFPB Director Rohit Chopra and Transportation Secretary Pete Buttigieg criticized the programs,...