CFPB Report Highlights Junk Fees Charged by School Lunch Payment Platforms

News Consumer protection English Sanctions & Fines

Date: 25th Jul, 2024 Source: Consumer Financial Protection Bureau Country: USA Original Source

Brief

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today released a report on payment processing companies that help school districts process children’s school lunch payments. These private companies process payments made by parents who may have limited or zero payment alternatives. With a captive customer base, these companies can have broad control over fees

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CFPB Report Highlights Junk Fees Charged by School Lunch Payment Platforms

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CFPB Report Highlights Junk Fees Charged by School Lunch Payment Platforms

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