The CFPB released a new credit card comparison tool. Will it actually help consumers? The Consumer Financial Protection Bureau (CFPB) released its new Explore Credit Cards tool this week, intended to allow consumers to compare more than 500 credit cards based on “unbiased, ... 12/19/2024 - 8:39 am | View Link
Beware Bait-and-Switch Credit Card Rewards Programs Warns CFPB Some credit card companies with rewards programs may be breaking the law by using bait-and-switch tactics, the Consumer Financial Protection Bureau warned Wednesday. 12/18/2024 - 11:01 am | View Link
The Fed Cut Rates Again, but Don't Expect Relief From Sky-High Credit Card Interest Average APRs have inched down slightly, but you should focus on lowering your credit card balance as soon as you can. 12/18/2024 - 8:54 am | View Link
What to Know About the CFPB’s Latest Warning for Credit Card Companies Issuers that devalue rewards, bury details in fine print and make reward redemptions difficult could face financial penalties by the CFPB. 12/18/2024 - 8:14 am | View Link
Watchdog warns credit card companies over devaluing, canceling reward points, miles The Consumer Financial Protection Bureau on Wednesday warned that credit card companies devaluing or canceling reward points, cash back or miles rewards programs may be breaking the law. The CFPB ... 12/18/2024 - 2:38 am | View Link