The Consumer Financial Protection Bureau (CFPB) has issued guidance that provides temporary and targeted flexibility for credit card issuers regarding electronic provision of certain disclosures required to be in writing.
The bureau said the action will help consumers get faster relief from their credit card issuer.
Read on for specifics on the CFPB’s new approach to electronic credit card disclosures, plus reaction from the National Association of Federally-Insured Credit Unions.
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