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MyChesCo

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Credit Card

Credit Cards
National / Personal Finance

Consumer Financial Protection Bureau Issues Approval Order to Facilitate the Use of Dual Usage Credit Cards

January 2, 2021January 1, 2021 - by MyChesCo

WASHINGTON, D.C. — The Consumer Financial Protection Bureau recently issued a compliance assistance sandbox (CAS) approval order to Synchrony regarding their proposal to develop a “dual-feature credit card.”

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Credit Cards
National

Payment Processor and its Former CEO Pay $1.5 Million to Settle FTC Charges They Facilitated Fraud

December 13, 2020December 11, 2020 - by MyChesCo

WASHINGTON, D.C. — Complete Merchant Solutions, LLC (CMS) and its former CEO, Jack Wilson, have settled Federal Trade Commission charges that they illegally processed millions of dollars in consumer credit card payments …

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Watch Out For Increased Scams This Holiday Season: AG Shapiro
Crime / Pennsylvania

Watch Out for Increased Scams This Holiday Season: AG Shapiro

December 3, 2020December 3, 2020 - by MyChesCo

HARRISBURG, PA — Attorney General Josh Shapiro has issued a warning to Pennsylvanians of common online scams that may increase in frequency this holiday season.

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FTC Stops Debt Collector’s Alleged “Debt Parking” Scheme, Requires It to Delete Debts It Placed on Consumers’ Credit Reports
National

FTC Stops Debt Collector’s Alleged “Debt Parking” Scheme, Requires It to Delete Debts It Placed on Consumers’ Credit Reports

December 2, 2020December 1, 2020 - by MyChesCo

WASHINGTON, D.C. — The Federal Trade Commission has taken action against a debt collection company that allegedly placed bogus or highly questionable debts onto consumers’ credit reports to coerce them to …

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Tips to Redeem Credit Card Rewards for Holiday Gifts
Personal Finance

Tips to Redeem Credit Card Rewards for Holiday Gifts

November 28, 2020November 28, 2020 - by StatePoint

During a holiday season that by all counts will be unlike any other experienced in recent history, shoppers may be looking for creative and nontraditional ways to celebrate and share …

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Credit Cards
Business / National

Report Finds Continued Decline in the Market for Certain Kinds of College Credit Cards

October 12, 2020October 11, 2020 - by MyChesCo

WASHINGTON, D.C. – The Consumer Financial Protection Bureau recently issued a report on agreements between credit card issuers and institutions of higher education, as well as certain organizations affiliated with …

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Consumer Financial Protection Bureau Requests Information on the Impact of the CARD Act Regulations on Small Entities and the Consumer Credit Card Market
Business / Government / National

Consumer Financial Protection Bureau Requests Information on the Impact of the CARD Act Regulations on Small Entities and the Consumer Credit Card Market

August 27, 2020August 27, 2020 - by MyChesCo

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (Bureau) issued a request for information (RFI) to examine the impact of the rules that implement the Credit Card Accountability Responsibility and …

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Robocalls
Advertising / Marketing / Government / National

Scammers Who Used Robocalls to Target Cash-Strapped Consumers Banned from Selling Debt Relief Services and Telemarketing

July 26, 2020July 25, 2020 - by MyChesCo

The operators of a Florida-based company that allegedly defrauded financially-distressed and often older-adult consumers with deceptive robocalls claiming they could save them money by reducing the interest rates on their …

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Consumer Financial Protection Bureau Takes Action to Help Consumers Receive Relief from Credit Card Issuers
Government / National / Personal Finance

Consumer Financial Protection Bureau Takes Action to Help Consumers Receive Relief from Credit Card Issuers

June 5, 2020June 5, 2020 - by MyChesCo

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (Bureau) this week took action to help consumers receive relief during the pandemic more quickly from their credit card issuer. Regulation Z …

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AG Shapiro
Business / Pennsylvania

AG Shapiro: Travel, Event Refund Policies Must Be Honored During COVID-19 Emergency

May 6, 2020May 6, 2020 - by MyChesCo

HARRISBURG, PA — Attorney General Josh Shapiro is urging businesses to honor their promised refund policies for customers who had their trips and events canceled due to COVID-19 closures.

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Recent Articles

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