Agencies Update Rulemaking Schedules
The federal regulatory agencies last week updated their rulemaking agendas for the remainder of 2017 and into 2018.
Browsing: Overdraft protection
CFPB Issues Limited Study of 88 Consumers’ Overdraft Experiences
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.
CFPB to Survey Consumers on Overdraft Disclosures
The Consumer Financial Protection Bureau is seeking information on overdraft-related disclosures, according to a filing to be published tomorrow in the Federal Register.
ABA to CFPB: Process for Overdraft Study, Forms Falls Short
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.
CFPB Proposes New Disclosure Form for Overdraft Fees
The Consumer Financial Protection Bureau today released four new “prototype” overdraft disclosure forms as part of its “Know Before You Owe” campaign.
CFPB Finalizes New Rules, Disclosures on Prepaid Products
The Consumer Financial Protection Bureau today issued final rules on prepaid financial products, including prepaid cards and digital wallets that store and transfer funds.
ABA Continues to Challenge CFPB’s Improper Use of Research Clearance
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.
CFPB Proposal Could Cripple Innovation in Small-Dollar Credit
The Consumer Financial Protection Bureau today released a proposed rule that would sharply curtail short-term, small-dollar consumer loans.
ABA Offers Feedback on FDIC’s Small Business Lending Survey
In a letter yesterday, ABA provided feedback on the consumer bank account section of the FDIC’s proposed small business lending survey.
Arbitration, Overdraft, Mortgages, Business Loans on CFPB Radar
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.