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Tag Archives: cfpb

Skip the cash advance — and other weekly card news

Taylor Tompkins

This week’s (un)lucky number is: 23.68 That’s the average percent of interest you’ll pay if you get a cash advance from your credit card. If you need cash quick, getting a cash advance is better than selling your kidney on…
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CFPB’s complaint system makes friends and enemies

Fred Williams

Capt. Will Jamison is in the minority of Americans who know about the Consumer Financial Protection Bureau. As a judge advocate at Ellsworth Air Force Base in South Dakota, he called the consumer watchdog agency to get help for a…
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CFPB takes a closer look at alternative credit data

Kelly Dilworth

The Consumer Financial Protection Bureau (CFPB) is weighing relaxing federal regulations to allow more lenders to consider nontraditional information when weighing a consumer’s creditworthiness. As part of its review, the CFPB is seeking public feedback on the benefits and risks…
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Some states can’t get enough cards, others have had their fill

Brady Porche

Why are people in some states scooping up credit cards, while others sit on the sidelines? In December 2016, the Consumer Financial Protection Bureau released data on credit card originations for all 50 states and the District of Columbia, as…
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