Fees Archives - insideARM

November 4, 2024 by Don Hoegg Jr. in "Regulation V"

insideARM Weekly Recap – Week of October 28th, 2024

The world of debt collection is never at a loss for updates, but separating the important stuff from the background noise isn't always easy. At insideARM, our goal is to...

ibelieveicanfly / Adobestock

October 29, 2024 by Eric L. Johnson in "Regulation V"

CFPB Bites of the Month - September 2024 - Wake Me Up When September Ends, CFPB

In this month's article, we share some of our top "bites" for the prior and current month covered during the September 2024 webinar. Bite 10: CFPB Publishes Report on Cash-Back...

peshkova / Adobestock

September 26, 2024 by Kristen Larson in CFPB

CFPB Reminds Financial Institutions to Retain Records of Affirmative Consent for Overdraft Opt-in

On September 17, 2024, the CFPB issued Consumer Financial Protection Circular 2024-05 on improper overdraft practices. The circular reminded financial institutions of their obligation to retain records that prove the consumer consented...

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September 10, 2024 by Orrick, Herrington & Sutcliffe LLP in CFPB

Several consumer advocacy groups urge presidential candidates to continue CFPB’s work on “junk fees”

On August 15, a coalition of community, civil rights, consumer, and advocacy organizations released a letter urging both presidential candidates to support the CFPB’s ongoing efforts to combat “junk fees.” In a letter addressed...

olegkruglyak3 / AdobeStock

July 23, 2024 by Stefanie H Jackman in CFPB

CFPB Moves to Dissolve Preliminary Injunction and Supplements Motion to Transfer in Credit Card Late Fee Rule Case; Court Immediately Requests Further Briefing

Yesterday, the Consumer Financial Protection Bureau (CFPB or Bureau) filed a brief in the U.S. District Court for the Northern District of Texas in support of its motion to dissolve the preliminary...

peshkova / Adobestock

July 22, 2024 by Bryce Noel in CFPB

insideARM Weekly Recap – Week of July 15th, 2024

The ARM industry moves fast. Staying informed and sorting through what's relevant and what's just noise can be a challenge, but that's where insideARM steps in. We not only provide...

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May 20, 2024 by Bryce Noel in California

insideARM Weekly Recap- Week of May 13th, 2024

The ARM industry is never short on surprises. This past week was a perfect example of that and shows how difficult it can be to keep up with the big...

Mopic / Adobestock

May 13, 2024 by Missy Meggison in CFPB

Late Fee Rule Halted by TX Court

Late on Friday, May 10, 2024, a District Court in Texas entered an order stopping the Consumer Financial Protection Bureau's (CFPB) Late Fee Rule (Rule), which would slash credit card...

Drobot Dean / Adobestock

April 8, 2024 by Bryce Noel in California

insideARM Weekly Recap- Week of April 1, 2024

Last week our editorial team picked out the most relevant news for ARM industry professionals trying to stay on top of the ever-changing debt collection landscape. This included an article...

Atoss / AdobeStock

April 3, 2024 by Brian Turetsky in CFPB

Operational Impacts of the New CFPB Credit Card Late Fee Rule

On March 5, 2024, the Consumer Financial Protection Bureau (“CFPB”) issued its final credit card late fee rule (the “Final Rule”), which, amongst other things, significantly reduces the late fee safe...

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