Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Comerica Bank in Texas federal court, alleging that the bank failed to provide adequate customer service and imposed illegal ATM fees on recipients of Social Security and other federal benefits processed through debit cards. This lawsuit marks the first contested enforcement action by the CFPB against a bank in over four years. The CFPB's claims focus on the handling of Direct Express benefits cards, which are crucial for many disabled and older Americans relying on federal assistance.
A Texas judge on Friday rejected the U.S. Consumer Financial Protection Bureau's request to revive an $8 late cap fee on credit card late payments, reports Reuters. https://t.co/gT2uEx0bzy
U.S. Sues Comerica Bank Over Treatment of Federal Benefits Users https://t.co/27wX1g3j6u
The CFPB sued Comerica Bank in Texas federal court over its handling of Direct Express benefits cards, marking the first contested enforcement action that the agency has brought against a bank in more than four years. https://t.co/BoC4wGaeOE https://t.co/ueOthXOHiO
