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Ironically, the CFPB exerts the regulatory pressure that causes payment processors to close accounts. I'm not sure who you're reporting to who at the link above
by the_optimist 5y ago
Ironically, the CFPB exerts the regulatory pressure that causes payment processors to close accounts. I'm not sure who you're reporting to who at the link above.
https://cfpbactions.com/2021/03/24/cfpb-files-lawsuit-using-operation-chokepoint-style-theory-five-key-questions-answered-here/ https://cfpbactions.com/2021/03/24/cfpb-files-lawsuit-using-...
- astrange 5y agoEssentially, banks find CFPB claims so annoying that they will usually fix the issue just to make you go away. Btw, I just did this a few months ago so the system shouldn't have fallen apart since then.