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Statement by Consumer Financial Protection Bureau Director Richard Cordray on RushCard Prepaid Card Incident

WASHINGTON, D.C. —(ENEWSPF)–October 23, 2015.  Today, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray issued the following statement in response to the RushCard situation, a prepaid card owned by UniRush LLC, in which many consumers have indicated that they have been unable to access funds in their accounts for more than a week:

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“The CFPB is taking direct action to get to the bottom of this situation that may have harmed thousands of innocent consumers…

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