Sen. Elizabeth Warren (D-Mass.) has accused the acting director of the Consumer Financial Protection Bureau (CFPB) of ...
Credit card interest rates have ballooned to record highs in recent years — and the growing portion of the formula that generates profit for card issuers is partly to blame, according to a new ...
New CFPB data warns that accounts with these so-called “teaser rates” ultimately tend to wind up with higher long-term balances than cards without them.