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)
On March 23, 2021, Illinois Governor Pritzker signed SB 1792, which includes the Illinois Predatory Loan Prevention Act, into law.
The new law imposes sweeping changes to the rate authority on consumer purpose...more