by Diane Baker
The Credit Card Accountability Responsibility and Disclosure Act of 2009 (Pub.
L. 111-24, 123 Stat. 1734) contains extensive statutory changes in card
protections for consumers. The Act is intended to help protect consumers from
abusive fees, penalties, interest rate increases, and...
the Consumer Financial Services Group
The U.S. District Court for the District of South Dakota
has issued a preliminary injunction postponing the October 1, 2011,
effective date of the Federal Reserve Board's 2011 Regulation Z (Truth in
Lending) revision that includes, in the limit on total...
by Edmund D. Harllee
On Friday, February 15, the Consumer Financial Protection
Bureau (the "Bureau") published final rules (with official interpretations) in
the Federal Register to amend its Regulation Z (Truth in Lending) to
implement requirements and restrictions concerning loan originator...
The Federal Trade Commission recently announced that it has entered into proposed settlements with two auto title lenders that were charged with deceptive advertising in violation of Section 5 of the FTC Act and the Truth in Lending Act. According to the FTC’s press release , the cases represent...