New CFPB Rule Keeps Medical Debt Off Credit Reports: What You Need to Know
Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a ...
JD Supra6d
Leaning In: The CFPB Publishes Rule on Fees for Overdraft Services
On December 30, 2024, the Consumer Financial Protection Bureau (CFPB) published a final rule that may dramatically change the way that certain ...
New CFPB tool aims to help consumers save money on credit cards and avoid rewards scams
CFPB says it's on to credit card companies' bait-and-switch rewards tactics and launched a tool to help consumers save money and avoid scams.
Alabama Public Radio3h
U.S. watchdog sues Capital One, alleging bank cheated customers out of $2 billion
The CFPB claims Capital One intentionally kept news of its higher-yield savings accounts from members with lower-yield ...
CNBC5d
Credit card late fees cost Americans billions a year — now they're capped at $8
The CFPB also made it clear that this rule doesn ... The card also has no annual fee and no penalty APR, so your interest rate won't spike if you're late with a payment. Further, it also offers ...
Yahoo Finance28d
New CFPB tool aims to help consumers save money on credit cards and avoid rewards scams
Ninety percent of retail cards reported a maximum APR above 30%, compared to only 38% of non-retail general purpose cards, the CFPB said. Worse, many private label cards have a fixed APR ...
JD Supra19d
CFPB Spotlights Illegal Credit Card Rewards Practices and Rolls Out Novel Consumer Tool
Consumers can sort by purchase APR, balance transfer APR or name. The CFPB also provides a ranking of the amount of interest a consumer would pay. Consumers also can learn more about cards’ terms.