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New CFPB Tech Specs for Card Agreement Data Submissions
Posted: Aug 26, 2021 | Author:
CFPB
CARD Act
CFPB
compliance
lending & collections
Truth in Lending Act
The CFPB has published [86 FR 46953] new technical specifications for certain credit card issuers to submit credit card agreements and data to the Bureau under the Truth in Lending Act and the CARD Act. Credit card issuers will make the required submissions under TILA and the CARD Act through the Bureau's “Collect” website. These technical specifications include registration information and the URL for the website at which issuers (or their designees) can submit the required information. The new specifications became effective this week.
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