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Wednesday, May 13, 2015

CFPB Grants CARD Act Comment Period Extension

The CFPB has granted a 30-day extension to the comment period for four of the twelve issues raised by the Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act). The four specific areas of interest are: online disclosures, grace periods, add-on products and debt collection.

The comment period for those four areas now ends on June 17, 2015.

Read more.

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