Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com. Twitter: @sarakrathner. The article What to Know About the CFPB’s Latest Warning for Credit Card Companies originally appeared on NerdWallet.
What To Know About The Cfpb’s Latest Warning For Credit Card Companies
Sara Rathner, NerdWallet.com
Wed, 12/18/2024 - 2:14pm
BING NEWS:
- Beware Bait-and-Switch Credit Card Rewards Programs Warns CFPB
Key Takeaways The Consumer Financial Protection Bureau warned consumers and law enforcement agencies that credit card companies with rewards programs and issuers of store credit cards may be breaking ...
12/18/2024 - 11:01 am | View Link - What to Know About the CFPB’s Latest Warning for Credit Card Companies
and rewards getting revoked without warning. How credit card companies could break the law In a circular sent to law enforcement agencies, the CFPB identified three ways that credit card companies ...
12/18/2024 - 8:14 am | View Link - Consumer watchdog takes aim at credit card rewards programs
Major card issuers often play a “shell game” and deny consumers the rewards they have earned, the Consumer Financial Protection Bureau warns.
12/18/2024 - 5:52 am | View Link - Consumer watchdog warns companies against devaluing credit card rewards, launches tool to avoid scams
Credit card companies may be illegally devaluing rewards points or airline miles that customers have accrued, the Consumer Financial Protection Bureau warned.
12/18/2024 - 4:59 am | View Link - CFPB targets card industry over the devaluation of rewards
As the Biden administration comes to a close, the agency called out "bait-and-switch tactics" by card issuers. It also announced a new tool allowing consumers to comparison shop for credit cards.
12/18/2024 - 3:15 am | View Link - More
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