Six regulatory actions – including those proposed on “overdraft services” – have been moved to the “inactive list” the Bureau of Consumer Financial Protection (BCFP) notes in its spring 2018 rulemaking agenda released Thursday. “The […]
Overdraft rules are not on the spring rulemaking agenda of the Consumer Financial Protection Bureau (CFPB), the bureau’s acting director, Mick Mulvaney, told lawmakers during Q&A in a House Financial Services Committee hearing Wednesday. Mulvaney, […]
Web-Based Quantitative Testing of Point of Sale/ATM (POS/ATM) Overdraft Disclosure Forms
Consumer understanding of overdraft programs — including their perceptions of experiences, beliefs about advantages, and drawbacks to alternatives – are explored through “qualitative interviews” about the product issued in a report by the Consumer Financial […]
Online testing of ATM/debit card overdraft disclosures is being developed by the Consumer Financial Protection Bureau (CFPB) to explore consumer understanding – and decision making – in response to overdraft disclosure forms, according to bureau […]
TCF National Bank, a Minnesota-based bank with operations in seven states, was sued today by the CFPB for allegedly “tricking consumers” into costly overdraft services and fees. In its filing, CFPB claimed that TCF designed […]
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