Comments Due to NAFCU: CFPB - Request for Information Regarding Consumer Credit Card Market

Important Regulatory Dates Add to Calendar 2023-03-24 17:00:00 2023-03-24 17:00:00 Comments Due to NAFCU: CFPB - Request for Information Regarding Consumer Credit Card Market NAFCU would like to highlight the following: The RFI seeks to update information on the credit card market last collected by the CFPB in September 2021. The RFI suggests that certain practices of credit card issuers may uniquely affect special populations (such as servicemembers and their dependents, low- and moderate-income consumers, older Americans, and students.) The RFI is interested in potential obstacles faced by smaller financial institutions when launching a credit card product. The RFI seeks feedback on ways in which the CARD Act provisions encourage or discourage innovation. Comments due to NAFCU: March 24, 2023 Comments due to CFPB: April 24, 2023 Comment now   NAFCU will send comments on behalf of its members to the CFPB by its deadline (April 24, 2023). Location NAFCU digital@nafcu.org America/New_York public

NAFCU would like to highlight the following:

  • The RFI seeks to update information on the credit card market last collected by the CFPB in September 2021.
  • The RFI suggests that certain practices of credit card issuers may uniquely affect special populations (such as servicemembers and their dependents, low- and moderate-income consumers, older Americans, and students.)
  • The RFI is interested in potential obstacles faced by smaller financial institutions when launching a credit card product.
  • The RFI seeks feedback on ways in which the CARD Act provisions encourage or discourage innovation.

Comments due to NAFCU: March 24, 2023

Comments due to CFPB: April 24, 2023

Comment now  

NAFCU will send comments on behalf of its members to the CFPB by its deadline (April 24, 2023).