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CFPB releases report on costs of HSAs | JD Supra
JD Supra· 22 hours agoThe CFPB reported that consumers owned 36 million HSAs in 2023, and these HSAs held over $116 billion in assets – a 500 percent increase over the past decade. The CFPB believed this growth was ...
JD Supra: CFPB Casts Larger Net over Credit Data Brokers, Furnishers, and Reporting Agencies.
JD Supra· 6 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 ...
US regulators are looking at potential ‘bait and switch’ schemes with airline-affiliated credit card...
CNN Business via AOL· 6 days agoIf you use a points-and-rewards credit card offered by an airline in partnership with a big bank,...
Court could block ban on bank ‘junk fees’ from taking effect
Consumer Affairs· 5 days agoA judge in the U.S. District Court for the Northern District of Texas is set to issue a ruling that...
Chime Users Who Closed Accounts Could Get Up to $150
CNET· 5 days agoThe bureau issued an order that San Francisco-based Chime pay $3.25 million to the CFPB victim’s relief fund as a penalty and at least $1.3 million to...
Frustrated With Your Credit Card Rewards Redemptions? So Is the CFPB
US News & World Report· 1 day agoAccording to a new report by the Consumer Financial Protection Bureau, consumers reported several problems with their rewards programs, such as "rewards are often devalued or denied after program ...
First Minnesota Court Decisions on Overdraft Fees Are Wins for Banks | JD Supra
JD Supra· 7 days agoIn December 2021, the Consumer Financial Protection Bureau (CFPB) released research critiquing banks for charging overdraft and related fees to consumers, and the CFPB director, Rohit ...
CFPB flags up consumer frustrations with credit card rewards programmes
Electronic Payments via Yahoo Finance· 7 days ago“Credit card companies promise upfront benefits for signing up and using their rewards card. But...
Federal judge halts new U.S. rules limiting credit card late fees
Anchorage Daily News· 5 days agoA federal judge on Friday temporarily blocked the U.S. government from trying to limit credit card...
American Society of Travel Advisors Continues Fight Against American Airlines
Travel Pulse· 6 days ago...The Department of Transportation (DOT) hosted a joint hearing on both airline and credit card...
