CFPB Finalizes Rule on Residential PACE Loans
December 22, 2024 2:49 pmOn December 17, 2024, the Consumer Financial Protection Bureau (CFPB) issued its final rule implementing Section 307 of the 2018... View Article
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FTC Finalizes Order with Marriott and Starwood Requiring Them to Implement a Robust Data Security Program to Address Security Failures
December 22, 2024 2:01 pmThe Federal Trade Commission finalized an order requiring Marriott International, Inc. and its subsidiary Starwood Hotels & Resorts Worldwide LLC to... View Article
FTC, Illinois Take Action Against Leader Automotive Group for Overcharging and Deceiving Consumers Through Add-Ons, Junk Fees, Bogus Reviews
December 19, 2024 6:57 pmProposed settlement requires Leader and its Canadian parent company, AutoCanada, to turn over $20 million, include full offering price in... View Article
CFPB Takes Action On Bait-And-Switch Credit Card Rewards Tactics
December 18, 2024 11:55 pmAgency warns companies against illegal devaluation of rewards and other unlawful practices, highlights issues with retail credit cards, and launches... View Article
November Issuer Data Extends Trend 0f Rising Credit Card Charge-Offs
December 18, 2024 8:00 pmSecurities and Exchange Commission (SEC) filings from several card issuers offer up a mixed portrait of the U.S. consumer in... View Article
Federal student loan forgiveness opportunities lost to those who refinance, CFPB warns
December 17, 2024 6:11 pmWith the Federal Reserve’s recent cuts to interest rates, more federal student loan borrowers are wondering if they should refinance.... View Article
NCUA Issues Guidance to Federal Credit Unions on Overdraft and NSF Fee Practices
December 17, 2024 5:00 pmBy Joseph Reilly, Lori Sommerfield, Carlin McCrory & Glen Trudel on December 12, 2024 POSTED IN ALL ENTRIES, BANKING, CONSUMER... View Article
House AI task force says ‘unreasonable’ to expect immediate congressional action on AI in 250-page report
December 17, 2024 4:55 pmRaj Goyle, CEO of intelligence firm Bodhala and former Democratic Kansas state representative, told Fox News Digital it is encouraging... View Article
Credit Card Cash Advance Fees Spike After Legalization Of Sports Gambling
December 16, 2024 11:23 pmSports gambling, particularly through online sports betting platforms, is now legal in 38 states, with nearly $120 billion wagered last... View Article
CFPB And IHS Joint Letter Re: Protecting Approved Purchased/Referred Care Program Patients From Improper Bills
December 15, 2024 11:09 pmThe Consumer Financial Protection Bureau (CFPB) and the Indian Health Service (IHS) remind you of your responsibilities to protect IHS-approved... View Article
