In this article, we share a timeline of our monthly "bites" for 2024 applicable to the credit card industry. The year saw the CFPB give a fair amount of attention to credit card products, with a focus on pricing....more
1/30/2025
/ Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Credit Cards ,
Department of Justice (DOJ) ,
Fee Caps ,
Fees ,
Final Rules ,
Financial Institutions ,
Interchange Fees ,
Regulation Z ,
Regulatory Agenda ,
Rewards Programs ,
Truth in Lending Act (TILA)
In this article, we share a timeline of our monthly "bites" for 2022 applicable to the credit card industry. As evidenced by the timeline, federal regulators (primarily the CFPB) are beginning to renew their focus on credit...more
1/19/2023
/ CARD Act ,
Consumer Financial Products ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Reporting Agencies ,
Credit Cards ,
Dodd-Frank ,
ECOA ,
Excessive Fees ,
Fair Credit Reporting Act (FCRA) ,
Fees ,
Financial Services Industry ,
UDAAP ,
Unconstitutional Condition
On March 26, 2020, the Bureau of Consumer Financial Protection (CFPB) issued a Statement on Supervisory and Enforcement Practices Regarding Bureau Information Collection for Credit Cards and Prepaid Account Issuers...more