Bradley attorneys have decades of experience representing financial institutions in credit card litigation, regulatory compliance, and enforcement matters. We work closely with clients to help them adapt to a dynamic regulatory environment and address the complex compliance issues that face all financial service providers.

Our team works with large banks and lenders, as well as non-bank credit card servicers. Bradley attorneys have assisted clients with launching credit card products for their businesses, including guiding clients through drafting agreements, building compliance programs, launching additional products, and confronting ongoing operational issues.

Bradley’s regulatory compliance services for credit card clients include:

  • Drafting agreements for retail credit cards, debit cards, gift cards, and prepaid cards.
  • Assisting clients with merchant, issuer, BIN sponsorship, co-branding, processing, and other service provider agreements.
  • Advising clients about account opening disclosures, advertising, and marketing practices related to the Credit Card Accountability Responsibility and Disclosure (CARD) Act and Truth in Lending Act (Regulation Z).
  • Handling day-to-day compliance issues involving billing statements, changes in terms, billing errors, card issuance restrictions, state opt-outs, credit card fees, billing and interest rate restrictions, and product advertising.

In addition, we assist credit card companies with Consumer Financial Protection Bureau (CFPB) credit card account management examinations, prioritizing rigorous preparation so clients know what to expect and can avoid unforeseen issues during the examination. These services include reviewing and revising responses to requests for additional information, preparing for meetings with CFPB examiners, and developing and implementing remediation action plans for issues identified by the CFPB.

Bradley attorneys also possess significant experience in defending credit card companies against individual consumer actions, including violations under state UCC regulations and common law tort claims such as invasion of privacy, outrage, fraud, negligence, and breach of contract. We regularly handle claims arising under the Fair Debt Collection Practices Act (FDCPA), Fair Credit Reporting Act (FCRA), Telephone Consumer Protection Act (TCPA), other federal regulatory schemes, and state debt collection laws.

When we take on a matter for our clients, we focus on advancing their priorities and offering practical advice that goes beyond basic legal requirements. Our team possesses an extensive depth and range of regulatory compliance experience across the spectrum of consumer financial protection laws, providing us with a thorough understanding of the objectives of both institutions and regulators. Our solutions are creative, strategic, and attempt to satisfy all interested parties. Major financial institutions trust us to handle their most-sensitive, bet-the-company matters with the skill, thoroughness, and integrity that Bradley attorneys are known for throughout the industry.