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CFPB Withdraws Guidance and Proposed Rules on Data Broker, Video Game Payments, and Contract Clauses
On May 15, the CFPB withdrew three Biden-era rulemaking proposals, including a December 2024 proposal to regulate data brokers as consumer reporting agencies under the Fair Credit Reporting Act (FCRA) ...
President Trump signed a Congressional Review Act resolution repealing the CFPB’s final rule restricting overdraft fees at ...
The real key to using credit cards cost effectively is that you only pay interest on the balance you carry. If you pay your ...
The move overturns the bureau’s effort to cap overdraft fees at $5. The American Bankers Association also dropped its lawsuit ...
A new report from the Southwest Public Policy Institute details how comparison-shopping tools such as Credit Karma give ...
Raising or lowering the federal funds rate -- the overnight interest rate between banks -- creates a domino effect. Credit ...
Retail cards hit a record high average interest rate of 30.5% last year, according to a Bankrate survey, and rates have ...
The Fed’s decision to keep rates unchanged still has far-reaching implications for almost all forms of borrowing as well as ...
At the time, the CFPB estimated that American families ... that the rule would have led to higher interest rates and reduced credit access for card holders. The groups also said the rule would ...
What was the CFPB credit card late fee cap rule about ... The groups said that the rule would have led to higher interest rates and reduced credit access for card holders. The groups also said ...
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