On March 10, 2025, the CFPB informed the U.S. District Court for the Northern District of Texas that it will proceed with litigation against ...

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The lawsuit, originally filed in September 2022, alleges violations of the Military Lending Act’s (MLA) restrictions on extensions of credit to covered servicemembers. The complaint further ...

Democrat Alexandria Ocasio-Cortez and Republican Anna Paulina Luna teamed up to introduce a bill to limit credit card APRs at ...

the Servicemembers Civil Relief Act and the Military Lending Act. The protections vary between the two. But the important difference—especially when applying for American Express cards—is when ...

The CFPB has dropped a lawsuit accusing Zelle and its bank backers of failing to clamp down on fraud. It's Trump administration's latest move to drop enforcement actions.

Many card issuers waive annual fees and cap other charges for active-duty service members, thanks to the Service Members Civil Relief Act (SCRA) and the Military Lending Act (MLA). Eligible ...

Service members can take advantage of fee waivers, exclusive travel benefits, and rewards, thanks to protections offered ...

Read our MoneyLion Instacash review to discover how this feature provides no-interest cash advances in 2025. Explore its ...

The CFPB can advance its claims that MoneyLion loan products included a monthly subscription fee that violated the MLA’s 36% interest rate cap for products offered to military personnel and their ...

The CFPB alleges FirstCash issued loans to military service members and their families with interest rates above the Military Lending Act’s 36% cap. Log in to keep reading or access research tools.