CFPB
Investing.com — The Consumer Financial Protection Bureau (CFPB) announced significant actions today to protect consumers from illegal credit card practices and help them save on interest and fees. The agency warned that some credit card companies running rewards programs might be breaking the law, such as illegally devaluing rewards points…
By Nate Raymond (Reuters) -A federal judge on Monday rejected a banking industry-backed challenge to a rule adopted by the U.S. Consumer Financial Protection Bureau that requires lenders to gather demographic data on small business borrowers. U.S. District Judge Randy Crane in McAllen, Texas, had blocked the agency from enforcing…
