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Credit Cards Students

Hudson Cook, LLP

CFPB Bites of the Month - May 2024 - CFPB: Light My Way, Virginia May

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In this month's article, we share some of our top "bites" covered during the May 2024 webinar....more

Ballard Spahr LLP

CFPB issues annual report on college credit card agreements

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Last week, the CFPB released its twelfth annual report to Congress on college credit card agreements. The annual report is mandated by the CARD Act....more

Troutman Pepper

CFPB Reports That College-Sponsored Financial Products Have Higher Fees and Less Favorable Terms

Troutman Pepper on

The Consumer Financial Protection Bureau (CFPB or Bureau) released its 14th annual report to Congress in fulfillment of its requirements under the Credit Card Accountability Responsibility and Disclosure (CARD) Act. For the...more

Troutman Pepper

CFPB Report Finds Some Financial Institutions and Colleges May Be Steering Students to More Expensive Financial Products

Troutman Pepper on

On October 13, the Consumer Financial Protection Bureau (CFPB) released its 12th Annual Report to Congress on college credit card agreements. The report reviewed agreements and data covering the over 1.2 million student...more

Kohrman Jackson & Krantz LLP

Don’t Get Charged – What College Students Need to Know About Credit Cards

UNDERSTANDING WHAT CREDIT CARD FRAUD CAN LOOK LIKE - Credit card fraud doesn’t just involve mysterious charges from overseas or charges for seemingly endless electronics; it takes many forms and can happen accidentally....more

Womble Bond Dickinson

What Schools Need to Know About CFPB’s Prepaid Accounts Regulation

Womble Bond Dickinson on

Counsel at schools and universities understandably don’t follow legal developments in financial services very closely, but recent changes in regulations affecting prepaid accounts could impact institutions of higher...more

Ballard Spahr LLP

CFPB releases seventh annual report to Congress on college credit card agreements

Ballard Spahr LLP on

The CFPB has released its seventh annual report to Congress on college credit card agreements.  The annual report is mandated by the CARD Act....more

Ballard Spahr LLP

CFPB releases report on college credit card agreements

Ballard Spahr LLP on

The CFPB released its sixth annual report to Congress on college credit card agreements.  The annual report is mandated by the CARD Act. ...more

Ballard Spahr LLP

CFPB releases report on college credit card agreements and compliance bulletin

Ballard Spahr LLP on

The CFPB released its annual report on college credit card agreements (the fifth issued by the CFPB), together with a compliance bulletin regarding the obligation of colleges and universities under the CARD Act to publicly...more

Baker Donelson

CFPB Takes Aim at Relationships between Universities and Credit and Debit Card Issuers

Baker Donelson on

Financial institutions marketing credit and debit cards to college and university students should prepare for likely investigations and enforcement actions by the Consumer Financial Protection Bureau and other regulatory...more

Goodwin

CFPB Releases Report on College Credit Card Agreements

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The CFPB released its annual report on college credit card agreements to Congress. Section 305 of the CARD Act requires credit card issuers to annually submit to the CFPB the terms and conditions of any college credit card...more

Foley & Lardner LLP

The CFPB Requests That Agreements Marketing Financial Products to Students Enrolled in Institutions of Higher Education be...

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As a follow up to its initial inquiry earlier this year, the Consumer Financial Protection Bureau (“CFPB”) is alerting financial institutions about the “potentially risky practice of making secret payments” to colleges and...more

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