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HomeTagsStandards Consumer Financial Protection Bureau

Tag: Standards Consumer Financial Protection Bureau

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Banking

CFPB proposes new rule to include payday advances under Truth in Lending Act

Key Points:Proposed Rule:Payday loan advances would be brought under the same scope as consumer loans. Fees associated with accessing earned wages early...
Banking

CFPB says BNPL firms must comply with credit card consumer protection rules for billing disputes and refunds

Ruling Overview:Agency: US Consumer Financial Protection Bureau (CFPB). Decision: Designates buy now, pay later (BNPL) firms as credit card providers. Reasoning: BNPL...
Banking

CFPB to cap credit card late fees at $8 and increase accountability among issuers

CFPB Caps Late Fees on Credit Cards:Ruling by CFPB:The Consumer Financial Protection Bureau (CFPB) has finalized a ruling that limits late fees...

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