News & Analysis as of

Consumer Financial Protection Bureau (CFPB) Buyers

Orrick, Herrington & Sutcliffe LLP

CFPB reports that complex pricing leads to higher consumer costs

On April 30, the CFPB published a report titled Price Complexity in Laboratory Markets indicating that consumers may pay higher prices for products with complex pricing structures. The report drew on experiments conducted in...more

Ballard Spahr LLP

CFPB issues new report on price complexity and highlights implications for junk fees initiative

Ballard Spahr LLP on

As part of its junk fees initiative, the CFPB released a new report, “Price Complexity in Laboratory Markets.” In its press release about the report, the CFPB states that because it “suggests consumers tend to pay more for...more

Sheppard Mullin Richter & Hampton LLP

Colorado AG Secures Latest Settlement over Unearned GAP Fees

On January 4, the Colorado Attorney General announced that his office entered into assurances of discontinuance (available...) with two credit unions that will result in $4 million being refunded to Colorado borrowers who...more

Spilman Thomas & Battle, PLLC

All Consuming - Financial Litigation Insights: Issue 5, September 2020

Three Important Ways the COVID-19 Pandemic is Changing the Delivery of Consumer Financial Services - The world continues to come to grips with the daily changes brought by the COVID-19 pandemic. Schools contemplate...more

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