Third quarter of 2022 is down more than 40% compared to third quarter of 2019, suggesting $5B reduction in fees on annual basis.
Newark – Attorney General Matthew J. Platkin today announced that four businesses throughout the state have been issued notices of violation for either not accepting cash or for charging a credit card surcharge without properly notifying consumers. Merchants in New Jersey must give consumers the option to pay cash. Merchants must also disclose total selling price—including any surcharges for using credit cards, debit cards, or pre-paid cards.
The Consumer Financial Protection Bureau (CFPB) has reached a settlement with a debt-collection law firm, Forster & Garbus, LLP, and the resulting order could signal major changes for all parties involved in collecting consumer accounts.
Homebuying, refinancing, or cashing out equity can be grueling processes with tens of thousands of dollars on the line. Over the last year, mortgage interest rates have increased rapidly, adding to the stress of homebuying. Given these higher rates, it has become more important than ever for Americans to shop and compare products.
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion to protect Americans from double dealing on digital mortgage comparison-shopping platforms. Companies operating these digital platforms appear to shoppers as if they provide objective lender comparisons, but may illegally refer people to only those lenders paying referral fees.
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