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Focus on Regulation

Tag Archives: CARD Act

CFPB Studies Arrangements Between Banks and Universities

According to a report released by the Consumer Financial Protection Bureau (“CFPB”) on December 17, the number of credit card issuers that had contractual arrangements with higher education institutions and affiliated organizations (such as alumni associations, fraternities, and sororities) increased in 2012.  However, the CFPB’s data shows that—in comparison to 2009—credit card issuers had fewer: