Discover Financial Services is bracing for a joint enforcement action from the Federal Deposit Insurance Corporation and the Consumer Financial Protection Bureau over the marketing of its credit card ...

The state of Hawaii has sued seven major credit card issuers over the marketing of credit card insurance-like products, known as payment-protection plans. Processing Content The lawsuits, filed April ...

A federal judge in Philadelphia has preliminarily approved a $23.5 million settlement in a class action brought against HSBC Bank over the company's payment protection plan for its credit card users.

Credit card protection insurance is a form of protection offered by card issuers to help cardholders in times of financial difficulty. This insurance can offer a break from payment obligations, lower ...