The Financial Health Network Comment Letter on the CFPB’s Proposed Rules on Prepaid Cards

The Financial Health Network’s letter to the CFPB focuses on four main areas, each framed around what is best to achieve the overall goal of consumer financial protections that support financial health:

• What Will Be Most Valuable for Consumers?
• What Are the Misalignments? Mismatches between Proposed Rules and Prepaid Features or Functionality?
• What Are the Unintended Consequences or Inadvertent Harms?
• What Are the Consequences for Innovation?