September, 2021

Remove 2022 10
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Understanding Overdraft Programs (Part 1)

Fico Collections

What that will look like, we do not know, but we do know the CFPB has been collecting data on OD practices for years and many of their concerns center around “chronic users” (those who overdraft 10 or more times a year) and the process of opt in as it pertains to consumer disclosure and transparency.

Banks 52
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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

On September 14, the Federal Trade Commission (FTC) voted to approve and make public a series of resolutions that will enable agency staff to efficiently and expeditiously investigate conduct in core FTC priority areas over the next 10 years. On January 31, 2022, the pause on interest and payments for federally held student loans will end.