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Director Chopra issues statement on FDIC/OCC/FHA proposal on incentive-based compensation...
JD Supra· 7 days agoCFPB Director Rohit Chopra has released a statement about the proposal issued by the Federal Deposit Insurance Corporation, Office of the Comptroller of ...
More than 5,000 CT residents to share $12.5 million following Think Finance payout
The News-Times· 10 hours agoMore than 5,150 Connecticut residents will share $12.5 million in compensation years after the...
Chime Users Who Closed Accounts Could Get Up to $150
CNET· 4 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...
Biden watchdogs probe popular credit card and airline rewards
The Hill· 5 days agoThere are around 550 million credit cards in circulation in the U.S., and “credit card rewards take...
The feds may crack down on credit-card rewards programs. Here’s what that means for your points and...
MarketWatch via Yahoo Finance· 5 days agoThe Department of Transportation and the Consumer Financial Protection Bureau are exploring possible...
CFPB distributes $384m to 191,000 victims of Think Finance’s illegal lending practices
Retail Banker International via Yahoo Finance· 5 hours ago“Too often, victims of financial crimes are left without recourse even when the companies that harm...
13,000 Illinoisans to divvy up $15 million in finance scam settlement
Chicago Sun-Times· 1 hour agoCompensation checks were mailed Tuesday to thousands of Illinois residents who fell victim to an...
Judge Blocks New U.S. Rule Limiting Credit Card Late Fees
New York Times· 4 days agoSet to take effect on Tuesday, the rule would save households $10 billion a year in “junk fees,” the...
Washington and airlines may be about to clash over credit card points
Consumer Affairs· 2 days agoIf you have an airline frequent flier rewards card, you know they are worth less and less these...
Credit card issuers charge new fees, higher interest rates to get around $8 late fee cap
USA TODAY via Yahoo Finance· 2 days agoConsumer advocates, though, see high late fees as one more way to ding consumers with yet another...