The Consumer Financial Protection Bureau (CFPB) is inviting public comments on the consumer credit card market as part of their regular review mandated by the Credit Card Accountability Responsibility and Disclosure Act of 2009. The CFPB is particularly interested in insights on topics like credit card agreements, the effectiveness of disclosures, changes in the market, and innovations in credit card products. The public has until April 17, 2025, to submit their feedback, which will contribute to the CFPB’s ongoing analysis and reports on the state of the consumer credit card market.
Simple Explanation
The Consumer Financial Protection Bureau wants people to share their thoughts about how credit cards work because they want to make sure things are going well. Everyone can say what they think until April 17, 2025, which will help them understand more about credit cards and make their reports better.