Request for Information Regarding Fees Imposed by Providers of Consumer Financial Products or Services

Title: Request for Information Regarding Fees Imposed by Providers of Consumer Financial Products or Services
Subject: Junk fees
Agency: CFPB
Status:
Request for information
Summary:

The Consumer Financial Protection Bureau (Bureau or CFPB) is seeking comments from the public related to fees that are not subject to competitive processes that ensure fair pricing. The submissions to this request for information will serve to assist the CFPB and policymakers in exercising its enforcement, supervision, regulatory, and other authorities to create fairer, more transparent, and competitive consumer financial markets.

FR Doc: 2022-020712022-06581 (comment period extension)
Date proposed: Jan. 26, 2022
Comments due date: April 11, 2022
Effective date:

Rule compliance date:
Agency release:
Related Reg Report item(s):

Bureau unveils initiative to reduce ‘junk fees’ charged by banks, financials; aims to strengthen competition