The CFPB also announced it was cracking down on deceptive credit card reward tactics. “Large credit card issuers too often play a shell game to lure people into high-cost cards, boosting their own ...
Sen. Elizabeth Warren says there are "zero cops" overseeing the consumer lending market after the CFPB headquarters were ...
A political odd couple is joining forces to lower credit card interest rates. Sen. Bernie Sanders (I-Vt.) and Sen. Josh ...
These larger card issuers account for more than 95% of outstanding credit card balances, according to the CFPB, an independent federal agency that oversees banks, credit card companies ...
The Trump administration’s efforts to dismantle the Consumer Financial Protection Bureau risk leaving Americans’ nearly $18 ...
The CFPB is soliciting comments on various aspects of the credit card market, including the terms and practices of credit card issuers, the effectiveness of disclosures related to credit card ...
The survey has been running since 1990, but the CFPB recently enhanced the survey to collect more details on the types of credit card plans issuers offer. According to the CFPB, larger banks offer ...
The CFPB issued a separate rule last March that appears to be all but defeated. That move slashed the typical credit card late fee from $32 to $8, drawing swift legal pushback from card issuers.
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