FTC Staff Comment to CFPB Supports Protection of Consumers Who Use General Purpose Reloadable Cards

In a comment submitted to the Consumer Financial Protection Bureau (CFPB), staff of the Federal Trade Commission expressed support for protecting users of general purpose reloadable (GPR) cards and for the CFPB’s proposal to solicit information about the costs and benefits of extending additional protections to these cards. GPR cards are a type of prepaid […]