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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On February 16, the CFPB reported on the first set of results from the newly updated Terms of Credit Card Plans survey. The report alleges that large banks are offering worse credit card terms and interest rates than small banks and credit unions, regardless of credit risk. For more information, click here.

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DFPI marks success in implementation of the California Consumer Financial Protection Law

Collection Industry News

Proposed registration includes debt settlement services, student debt relief services, postsecondary education financing, and wage-based advances. Research and Market Monitoring. OFTI participated in more than a dozen public events to publicize OFTI’s activities and extend the invitation to meet.