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, ...
With holiday shopping in full swing, the Consumer Financial Protection Bureau is warning credit card companies it’s on to their illegal bait-and-switch rewards tactics used on consumers. Some credit ...
The CFPB focused on rewards programs that include redemption options from various merchants. If a merchant drops out of such a rewards program, the CFPB said, that could result in a UDAAP if the ...
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Consumer watchdog warns companies against devaluing credit card rewards, launches tool to avoid scams
A federal consumer watchdog is warning that certain credit card companies may be illegally devaluing accrued rewards such as points or airline miles. The Consumer Financial Protection Bureau (CFPB) ...
Sifting through a credit card’s terms and conditions can be daunting. The language isn’t always straightforward, and it’s not uncommon to feel lost. Two-thirds of consumers report fully understanding ...
Sifting through a credit card's terms and conditions can be daunting. The language isn't always straightforward, and it's not uncommon to feel lost. Two-thirds of consumers report fully understanding ...
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