Beware Bait-and-Switch Credit Card Rewards Programs Warns CFPB
Some credit card companies with rewards programs may be breaking the law by using bait-and-switch tactics, the Consumer Financial Protection Bureau warned Wednesday.
Consumer watchdog takes aim at credit card rewards programs
Some credit card companies may be breaking the law by illegally devaluing accrued points, airline miles and other rewards ...
USA Today19d
Consumers could see a $5 overdraft fee in 2025 under a final rule — or maybe, not
Under the Consumer Financial Protection Bureau rule announced ... cover costs associated with administering a courtesy overdraft program. The $5 is a bit higher than the $3 benchmark fee that ...
Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access
The Consumer Financial Protection Bureau has filed a flurry of suits against major U.S. firms in recent months as the Biden ...
Abusive medical debt collection is a problem. Here's what the feds are doing. | Opinion
Better Business Bureau offers consumers tips on how to protect their pocketbooks and sanity against scams. This installment is on medical debt.
JD Supra9d
CFPB Spotlights Illegal Credit Card Rewards Practices and Rolls Out Novel Consumer Tool
The Consumer Financial Protection Bureau (CFPB) has cautioned companies against what it views as illegal or unlawful credit card rewards ...
US consumer bureau sues Walmart, fintech for illegally opening accounts
A U.S. consumer protection agency alleged Walmart Inc. and one of its financial partners with opening accounts for delivery ...
Los Angeles Times20d
Opinion: The Consumer Financial Protection Bureau has irked billionaires, but it serves the public well
These industries dislike the Consumer Financial Protection Bureau intensely ... the public relies on this program just as we rely on consumer protection rules. In the coming months and years ...