News & Analysis as of

Deferred Interest Products Banks

Ballard Spahr LLP

CFPB enters into consent order with company charged with deceptive health care credit enrollment practices

Ballard Spahr LLP on

The CFPB has entered into a consent order with Springstone Financial, LLC to settle charges that the company was responsible for alleged deceptive and misleading acts and practices in connection with enrolling consumers in a...more

Goodwin

CFPB Takes Enforcement Action Against Bank’s Deferred Interest Products

Goodwin on

In the wake of its discussion of deferred interest products in its October report on the Credit CARD Act, the CFPB announced an enforcement action against a provider of deferred interest health-care credit cards and its...more

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