Searching Content indexed under Consumer Credit by Matthew Janiga ordered by Published Date Descending.
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CFPB Announces Potential Model Packaging Disclosures For GPR Prepaid Cards
On March 18, 2014, the Consumer Financial Protection Bureau continued its long march toward regulating general-purpose reloadable prepaid cards by releasing test model disclosures for prepaid card packaging that are being considered by the CFPB in connection with an upcoming proposed rulemaking.
United States
26 Mar 2014
CFPB Increases Penalty Fee Safe Harbor Amounts For Card Issuers
In yesterday’s Federal Register, the Consumer Financial Protection Bure published an amendment to the safe harbor thresholds for credit card penalty fees found in Section 1026.52(b)(1)(ii) of Regulation Z to account for increases in the CPI-W, which is a subset of the federal Consumer Price Index.
United States
6 Jan 2014
CFPB Brings First Enforcement Action Involving Deferred Interest Products, Imposes Novel And Burdensome Application Requirements As Remediation
Yesterday, the Consumer Financial Protection Bureau announced a consent order with GE Capital Retail Bank and its subsidiary CareCredit.
United States
5 Jan 2014
CFPB Signals Additional Concerns About Consumer Credit Card Market With Report On CARD Act
Today, the Consumer Financial Protection Bureau released the "CARD Act Report," a report summarizing the CFPB’s views on the impact of the Credit Card Accountability Responsibility and Disclosure Act of 2009 on the consumer credit card market.
United States
13 Oct 2013
CFPB Warning And Bulletin For Nationwide Specialty CRAs
The Consumer Financial Protection Bureau ("CFPB") has sent warning letters to several nationwide specialty consumer reporting agencies.
United States
11 Dec 2012
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