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Credit Card Late Fees Scrutinized by CFPB

USA - June 27 2022 Financial institutions' longstanding practice of charging fees to consumers for the late payment of credit card debts is under scrutiny from the…

Jonathan Engel, Rich Zukowsky

CARD Act Report Summary

USA - December 23 2015 The CFPB recently issued its 2015 CARD Act report on the consumer credit card market (the "Report"). The Report cites a significant amount of data…

Adam D. Maarec

The Consumer Credit Market: A Report from the CFPB

USA - December 8 2015 PLA today posts "The Consumer Credit Card Market," the Consumer Financial Protection Bureau's biennial report on the consumer credit card market. The…

Brian J. Hurh, Adam D. Maarec, James H. Mann, Thomas E. Scanlon

CFPB files complaint against debt-relief company; first time reliance on “abusive” acts and practices prohibition

USA - June 10 2013 On May 30, 2013, the Bureau of Consumer Financial Protection ("CFPB") filed a complaint in federal district court against American Debt Settlement…

Bureau proposes further revisions to remittance transfer rules

USA - January 2 2013 On December 31, 2012, the Consumer Financial Protection Bureau ("Bureau") published in the Federal Register revisions ("Proposal") to rules on…