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Customer-Loyalty Programs Rewards Programs Unfair or Deceptive Trade Practices

Ballard Spahr LLP

CFPB sends circular to law enforcement agencies highlighting credit card reward programs that fail to deliver

Ballard Spahr LLP on

Some credit card companies operating rewards programs may be violating the law by failing to provide promised rewards, the CFPB said, in a circular to law enforcement agencies....more

Troutman Pepper Locke

CFPB Urges Other Regulators to Take Action on So-Called Bait-and-Switch Credit Card Rewards Tactics

Troutman Pepper Locke on

On December 18, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a circular to “other law enforcement agencies,” urging them to take action against certain credit card practices. The CFPB highlights alleged...more

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