With the CFPB expected to discuss new rules Thursday governingprepaid cards, many groups are chiming in on the proposedchanges.

“These new disclosure requirements are part of our largerprepaid accounts proposal to extend many federal consumerprotections to prepaid products,” Eric Goldberg, senior counsel atCFPB, wrote Thursday in a post on the CFPB's blog.

The proposed new rule would standardize disclosures with a newrequirement: that prepaid companies adopt model disclosure formsthat enable consumers to make better choices between prepaidoptions, Goldberg stated.

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