Government News

CFPB Acting General Counsel addresses “confusion” caused by CFPB advisory opinion on earned wage access program

Source- site In a letter to three representatives of consumer advocacy groups, CFPB Acting General Counsel Seth Frotman indicated that due to “repeated reports of confusion” caused by the CFPB’s November 2020 advisory opinion (AO) on earned wage access (EWA) programs, he plans…

CFPB Will Enforce Laws Preventing The Collection/Reporting Of Medical Debts Barred By The NSA

Source-site As part of the Biden administration’s focus on enforcement of the No Surprises Act (NSA), the Consumer Financial Protection Bureau (CFPB) has issued a bulletin (the Bulletin) indicating that it will closely review the practices of those engaged in…

FTC Says D&B Engaged in Deceptive and Unfair Practices

Source- site To settle Federal Trade Commission charges that it engaged in deceptive and unfair practices, Dun & Bradstreet (D&B) has agreed to an order requiring substantial changes in the firm’s operations that will benefit small- and mid-sized businesses. Under the proposed order,…