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CFPB March 2017 complaint report highlights credit card complaints, complaints from Massachusetts consumers; Ballard Spahr to hold April 13 webinar

CFPB Monitor

to 1:00 p.m.ET, Ballard Spahr will hold a webinar, “The CFPB’s Consumer Credit Card Market RFI and Other Important Recent Credit Card Developments.” Consumers complained about the terms of deferred-interest programs, including confusion as to how payments were applied to multiple balances.

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CFPB March 2017 complaint report highlights credit card complaints, complaints from Massachusetts consumers; Ballard Spahr to hold April 13 webinar

CFPB Monitor

to 1:00 p.m.ET, Ballard Spahr will hold a webinar, “The CFPB’s Consumer Credit Card Market RFI and Other Important Recent Credit Card Developments.” Consumers complained about the terms of deferred-interest programs, including confusion as to how payments were applied to multiple balances.

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State AGs seek to intervene in CFPB enforcement action to modify settlement terms

CFPB Monitor

The Attorneys General for the states of Connecticut, Indiana, Kansas, and Vermont recently took the unusual step of filing a joint motion to intervene to modify the settlement terms of a CFPB enforcement action. ” Any funds not used for such equitable relief are to be deposited in the U.S. Treasury as disgorgement.

Vermont 68