CFPB Releases New Prepaid Card Disclosures

The Consumer Finance Protection Bureau released proposed disclosure guidelines for prepaid cards.  Back in March the CFPB asked for comments on proposed disclosures.  At the time, the agency noted that currently “each prepaid card company’s retail package discloses different information, which makes it difficult to do side-by-side comparisons.” It’s a challenge we faced as we [...]

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