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CFPB releases report on costs of HSAs | JD Supra
JD Supra· 1 day 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 ...
Renewed Federal Scrutiny for Nonbank Mortgage Companies
The National Law Review· 15 hours agoBased on a recent report from the Financial Stability Oversight Council (FSOC), nonbank mortgage...
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...
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...
How Much Are Airline Rewards Really Worth? Biden Admin Probes Credit Card Programs
The State· 6 days agoOfficials are looking into murky rules, the stripping of travel benefits and more. White House officials and regulators are probing what they say are issues with airline credit card programs ...
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...
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...
CFPB and DoT host joint hearing on airline and credit card rewards programs; CFPB releases report on...
JD Supra· 3 days agoOn May 9, 2024, the Consumer Financial Protection Bureau (CFPB) and U.S. Department of Transportation (DoT) held a 98-minute joint hearing on airline and credit card rewards programs. CFPB Deputy ...
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...