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CFPB Announces Effective Date For Credit Card Fee Rule Amid Legal Challenges
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CFPB Announces Effective Date For Credit Card Fee Rule Amid Legal Challenges

The Consumer Financial Protection Bureau’s credit card late fee rule will take effect on May 14, 2024, although ...
New York Attorney General Sues Over 25 Lenders For Predatory Lending Operation
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New York Attorney General Sues Over 25 Lenders For Predatory Lending Operation

On March 5, New York Attorney General Letitia James released a verified petition against 27 lenders accusing them ...
US Credit Card Defaults Have hit A Worrying High
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US Credit Card Defaults Have hit A Worrying High

It’s easy to think about US consumers as a hardy, resilient force – after all, they’ve continued to spend ...
Michigan Lawmakers Want 36% Cap On Payday Loan Interest Rates
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Michigan Lawmakers Want 36% Cap On Payday Loan Interest Rates

Payday lenders say they could be forced out of Michigan if new legislation to cap interest rates at ...
Regulators Tackle Debt Collection Challenges Amidst Cost Of Living Surge
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Regulators Tackle Debt Collection Challenges Amidst Cost Of Living Surge

The Financial Conduct Authority (FCA) has forged a collaborative effort with regulatory counterparts, including Ofgem, Ofwat, and Ofcom, ...

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