CFPB Takes Action On Bait-And-Switch Credit Card Rewards Tactics

Ally6770 | Dec 18, 2024 | 4,307 posts since 2010

In a circular to other law enforcement agencies, the CFPB warned that some credit card companies operating rewards programs may be breaking the law, including by illegally devaluing rewards points and airline miles.

https://www.consumerfinance.gov/about-us/newsroom/cfpb-takes-action-on-bait-and-switch-credit-card-rewards-tactics/?utm_source=newsletter&utm_medium=email&utm_campaign=jointcreditcard2024-12-18&utm_term=generalupdates

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