Banking and Finance

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CFPB to Amend Ability to Repay Rules under CARD Act to Consider Household Income
Posted on 29 Nov 2012 by Erik Gerding

The Consumer Financial Protection Bureau will begin a notice-and-comment rulemaking to reverse a portion of the "ability to repay" regulations under the CARD Act. The CFPB will begin formal rulemaking to allow card issuers to consider household... Read More