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Troutman Pepper

CFPB Fixes Spotlight on Credit Card Rewards Programs

Troutman Pepper on

This week, the Consumer Financial Protection Bureau (CFPB or Bureau) published an Issue Spotlight focusing on consumer complaints relating to credit card rewards programs. The report notes that credit card companies often...more

Sheppard Mullin Richter & Hampton LLP

CFPB Report: Credit Card Companies Charged Consumers $130B in Interest and Fees

On October 25, the CFPB released its sixth biennial report to Congress as required under the Credit Card Accountability Responsibility and Disclosure Act (CARD Act). The report found that in 2022 credit card companies charged...more

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