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CFPB Report: Credit Card Companies Charged Consumers $130B In Interest And Fees - Consumer Credit

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).

Card accountability responsibilityDisclosure actPercentage ratesCardholder interest burdenDelinquencies riseCard debtUsage reshapes credit card industryCfpb report credit card companies charged consumers 130b in interest and feesConsumer protectionConsumer creditFinance and banking

Credit Card Companies Interest and Fees

Credit Card Companies Interest and Fees
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Card accountability responsibilityDisclosure actAnnual percentage ratesCardholder interest burdenDelinquencies riseCard debtUsage reshapes credit card industry

CFPB Report: Credit Card Companies Charged Consumers $130B in Interest and Fees | Sheppard Mullin Richter & Hampton LLP

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.

Sheppard mullin richter hamptonSheppard mullin richterCard accountability responsibilityDisclosure actAnnual percentage ratesCardholder interest burdenDelinquencies riseCard debtUsage reshapes credit card industry

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