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CFPB Extends RFI on Credit Card Fees and Late Payments

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The CFPB has set its sights on credit card fees, particularly for late payments, in a comment request now due Aug. 1. 07/26/2022 11:15 A.M. 2 minute read The Consumer Financial Protection Bureau’s recent advance notice of proposed rulemaking (ANPR) to examine credit card fees has been extended for comments through Aug. 1. “The ANPR was […]

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A Government Credit‐Rating Monopoly?

 

If you like the DMV and TSA, you’ll love giving government sole control of credit reporting. Editor’s note: This article is available for members only. 05/04/2022 10:30 A.M. 15 minute read Key Takeaways: Closing the racial wealth gap by enabling more minority families to access high‐​quality financial services is a moral and economic imperative. The emergence […]

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