News & Analysis as of

Credit Cards Coronavirus/COVID-19 Relief Measures

K&L Gates LLP

COVID-19: Washington State Resource Guide for Individuals Dealing with COVID Financial Impacts

K&L Gates LLP on

This guidebook is designed to serve as an interactive reference for individuals in Washington state looking for information and resources available to help with the financial impacts of COVID-19. It is not legal advice and...more

Goodwin

Fair Lending Considerations in a COVID-19 World: Rules Still in Play

Goodwin on

The U.S. banking regulators and state attorneys general have issued several appeals to the financial services industry to assist borrowers in financial distress due to the COVID-19 pandemic. These agencies have publicly...more

Hogan Lovells

Consumer finance regulatory news, June 2020 #2

Hogan Lovells on

COVID-19: FCA proposes further support for credit card, personal loan and overdraft customers - On 19 June 2020, the UK Financial Conduct Authority (FCA) published proposed updated temporary guidance for firms relating to...more

Davis Wright Tremaine LLP

Reactions to CFPB's COVID-19 Response and Canada's Alternative Response

The U.S. government – through the CARES Act and the actions of myriad federal agencies including the Federal Reserve, FDIC, and CFPB – has acted to provide relief to credit card consumers affected by COVID-19. Credit card...more

Hinshaw & Culbertson - Consumer Financial...

Consumer Law Hinsights – April 2020

Welcome to Consumer Law Hinsights?a monthly compilation of nationwide consumer protection cases of interest to financial services and accounts receivable management companies. This edition highlights our interactive COVID-19...more

Hudson Cook, LLP

CFPB Offers Relief from Reporting and Submission Requirements for Credit Cards and Prepaid Accounts

Hudson Cook, LLP on

On March 26, 2020, the Bureau of Consumer Financial Protection (CFPB) issued a Statement on Supervisory and Enforcement Practices Regarding Bureau Information Collection for Credit Cards and Prepaid Account Issuers...more

Cadwalader, Wickersham & Taft LLP

COVID-19 Update: FCA Proposals on Temporary Financial Relief for Consumer Credit Customers Affected by COVID-19

Background - On 2 April 2020, the UK Financial Conduct Authority (“FCA”) proposed a number of temporary measures designed to support users of certain consumer credit products during the adverse economic conditions in the...more

Goodwin

COVID-19’s Impact on the Credit Card Industry

Goodwin on

LenderLaw Watch continues its coverage of the impact COVID-19 has had and will have on various financial services sectors, this week focusing on COVID-19’s impact on credit card issuers. Although the newly enacted CARES Act...more

Hogan Lovells

Consumer finance regulatory news, April 2020 #2

Hogan Lovells on

COVID-19: FCA consumer credit temporary relief measures - On 2 April 2020, the UK Financial Conduct Authority (FCA) launched consultations on a range of targeted temporary relief proposals to help credit card, store card,...more

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