"credit cards" Blog Posts

• Additional Details Needed on Proposed Changes to CFPB Information Collection
• After Initially Slow Adoption, More and More People Taking a Bite out of Apple Pay
• Bankers Fear CFPB Will Lower Cap on Credit Card Late Fees
• Can a Small Credit Union Take a Bite Out of Apple Pay's Fees?
• CFPB Announces Review of Credit Card Financial Institution Late Fees, Penalties
• CFPB Extends Late Fee ANPR Deadline to August 1
• CFPB Finds Credit Card Late Fees Fell Slightly in 2020
• CFPB Gets Earful on Limiting Credit Card Late Fees
• CFPB Plans Rule Next Year to Toughen Caps on Credit Card Late Fees
• CFPB Plans to Revisit the CARD Act, Older Regulations: Chopra
• CFPB Report Shows Late Fees are Not a Top Complaint — for a Reason
• CFPB Seeks to Modernize How It Collects Credit Card Data
• CFPB Taking Hard Look at Credit Card Interest Rates
• CFPB's Credit Card Late Fee Project Could Hit Small Institutions Hard
• CFPB’s Report on Credit Card Late Fees
• Comments on Credit Card Late Fee Proposal Due May 3
• Consumer Lenders See Unexpected Bonanza as People Battle Inflation
• Could Credit Card Late Fees Drop to $10?
• Credit Card Charge-Off, Delinquency Rates Muted Amid Slow Normalization
• Credit Card Competition Act, NCUA Third-Party Authority Absent from Senate NDAA Agreement
• Credit Card Delinquencies, Charge-Offs Stay Muted as Consumers Pay Down Balances
• Credit Card Interest Rates Hit Record High
• Credit Card Loans at US Banks Rise in Q4'21 Despite Slowed Consumer Spending
• Credit Card Rate Cap Bill Would Hurt Consumers, Negatively Impact Access to Credit
• Credit Card Rewards Would Be Collateral Damage in ‘Durbin 2.0’ Bill
• Credit-Card Debt Returns to Levels Before Covid-19 Pandemic
• CU Trades Argue Interchange Bill a Threat to Credit Access
• CU-, League-Opposed Interchange Bill Reintroduced in Congress; Contact Your Lawmakers Now!
• CURRENT Newsletter | September 22, 2023
• CUs Urged to Write Sens. Warner, Kaine in Opposition to Move to Attach Interchange Bill to NDAA
• CUs, League Hold Virtual Meeting with Rep. Wittman; Bank Branches on Military Bases, Interchange Among Key Topics
• Debit Card Fraud Wave Hits Small Ohio Credit Union
• Deja Vu All Over Again: CFPB Fines Big Bank for Opening Fake Accounts
• Federal Reserve Proposes Changes to Debit Interchange Cap
• Fraud Trend Update: Webinar Slated for Sept. 23
• Interchange Bill Means Fewer Options, Increased Data Security Threats
• Interchange Bill Prioritizes Large Retailers Over Consumers
• Interchange Bill Would ‘Over-Regulate’ Working System
• Interchange Bills Would Increase Costs, Decrease Financial Access
• Interchange Fees May Come to a Head in Lame-Duck Congress
• Interchange Legislation: Write Your Lawmakers; Urge Them to Oppose H.R.3881 and S.1838
• Interchange Survey: How Could Changes Impact Your Credit Union Operations?
• Interest Rate Increases to Cost Consumers $3B in Extra Card Interest; Plus, What Worries Cardholders
• Interest Rates on Credit Cards Hit 26-Year High
• League Amps Up Advocacy Initiatives on Interchange
• League Engages With Senators on Interchange, Overdraft; Urges Lawmakers to Leave Current Systems in Place
• League Files Comment Letter on Credit Card Late Fees; Notes 'Negative Consequences' of CFPB Proposal
• League Notes CFPB's Focus, Recent Action on 'Fees' Will Harm CUs, Members
• League Preparing for Likely Reintroduction of Interchange Legislation
• League Sends New Round of Letters to Congress on Interchange
• League Urges CUs, Members to Contact Lawmakers on Interchange Bill
• League Will Comment on Federal Reserve Board's Proposed Rule for Revision of Debit Interchange Fee Cap
• League Writes Sens. Warner, Kaine on Interchange Fee Hearing
• League, CUNA Oppose House Interchange Bill
• League, CUs Engage With Lawmakers During Busy Week on Capitol Hill
• Many Young People Prefer ‘Buy Now, Pay Later’ to Credit Cards—Here’s Why
• Merchant Code for Firearms Sales Gets a Green Light
• Merchants Are Now Consumers? FTC Settles Action Against Payment Processor After Alleging Its Merchants Are 'Consumers'
• Nussle to Congress: Marshall-Durbin Bill Will Hurt Consumers
• Rise in Credit Card Balances is the Largest in More Than 20 Years
• Risk Alert: CFPB Focus on Credit Card Late Fees as Harmful to Low-Income Consumers
• Risk Alert: Member Transaction Controls Can Assist in Card Fraud Battle
• Risk, Reward Ahead for Banks in Run-Up to Midterms
• Status Update: CFPB Requests Information on the Credit Card Market
• Stverak to Congress: Interchange Bill 'Wholly Inappropriate' for NDAA
• Total Consumer Credit Rises Again in August, But ‘Dramatic Downshift’ is Forecast
• Trade Groups Seek More Time to Comment on CFPB's Proposed Credit Card Fee Cuts
• TransUnion Reports Inflation’s Rise Hitting Non-Prime Borrowers Hardest; Offers Forecast for What’s Ahead
• Voice of CUs Heard on Capitol Hill; Senate Passes NDAA Without Interchange
• Week’s Advocacy Issues Dominated By Interchange, Injunction Blocking CFPB’s Reporting Rule on Small Biz Lending
• Will New Merchant Code for Gun Sales Turn Issuers into 'Morality Police?'
• Would a Proposed Credit Card Law Be as Costly as CUs Claim?
• ‘Protect My Card’ Campaign Pushes Back Against Interchange Bill