Consumer Financial Protection Bureau – Page 5

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.

By Cade Metz

Chopra, 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.

By Ann Carrns

Banking and Financial Institutions Consumer Federation of America Consumer Financial Protection Bureau Content Type: Service Interest Rates Mortgage Bankers Assn of America Mortgages Personal Finances Prices (Fares, Fees and Rates) Real Estate and Housing (Residential) Title Insurance

Closing Costs for Buying a Home Have Risen Along With Rates

These mortgage fees increased 22 percent from 2021 to 2022. One likely factor is the greater use of discount points to nudge interest rates down.

By Ann Carrns

Banking and Financial Institutions Consumer Bankers Association Consumer Financial Protection Bureau Consumer Protection Credit Cards Regulation and Deregulation of Industry Suits and Litigation (Civil) Texas United States Chamber of Commerce

Trade Groups Sue to Block Credit Card Late Fee Limit

Banking groups and Texas business associations asked a federal court to abolish a new federal rule that would cap most late fees at $8.

By Stacy Cowley

mosaec