C.F.P.B. to Create ‘Corporate Offender’ Registry
Most companies will be required to report government and court orders penalizing them for consumer protection violations.
Posted inBanking and Financial Institutions Chopra, Rohit Consumer Financial Protection Bureau Courts and the Judiciary Credit Cards Personal Finances Pittman, Mark T Suits and Litigation (Civil) Texas United States Chamber of Commerce
Judge Blocks New U.S. Rule Limiting Credit Card Late Fees
Set to take effect on Tuesday, the rule would save households $10 billion a year in “junk fees,” the Consumer Financial Protection Bureau said.
Posted inChopra, Rohit Consumer Financial Protection Bureau Consumer Protection Content Type: Service Credit Scores Debt Collection Health Insurance and Managed Care Personal Finances
Medical Debt Shows Up Less Often on Credit Reports
But the Consumer Financial Protection Bureau said 15 million people still had medical bills in their files, which can make it hard to qualify for loans.
Posted inBanking and Financial Institutions Chopra, Rohit Consumer Financial Protection Bureau Consumer Protection Credit Cards Fines (Penalties) Personal Finances
New Federal Rule Caps Most Credit Card Late Fees at $8
The Consumer Financial Protection Bureau said its new restriction would save households $10 billion a year in “junk fees.”