The Consumer Financial Protection Bureau — which is in a multiyear potential rulemaking process on overdraft protection and disclosures — today released a qualitative study of consumers’ experiences with overdraft.
The Consumer Financial Protection Bureau is seeking information on overdraft-related disclosures, according to a filing to be published tomorrow in the Federal Register.
The Consumer Financial Protection Bureau must base its studies of overdrafts on current, rigorous data and adopt any new disclosures through an open and transparent process, ABA told the bureau today in a comment letter.
The Consumer Financial Protection Bureau today released four new “prototype” overdraft disclosure forms as part of its “Know Before You Owe” campaign.
The Consumer Financial Protection Bureau today issued final rules on prepaid financial products, including prepaid cards and digital wallets that store and transfer funds.
In a comment letter on Wednesday, ABA continued its challenge of the Consumer Financial Protection Bureau’s improper use of a streamlined review process to conduct research related to overdraft services without providing the public with notice and an opportunity to comment on its research approach.
The Consumer Financial Protection Bureau today released a proposed rule that would sharply curtail short-term, small-dollar consumer loans.
In a letter yesterday, ABA provided feedback on the consumer bank account section of the FDIC’s proposed small business lending survey.
Arbitration, mortgages, small business lending and small-dollar loans are among the Consumer Financial Protection Bureau’s policy priorities over the next two years, according to a document released today.
The Consumer Financial Protection Bureau today announced several actions and statements that it said would facilitate customer access to checking accounts.