Wells Fargo federal consent order over ‘mismanagement’ of mortgage, other accounts ends
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
ConsumerAffairs3h
Late rent payments suggest increased financial distress among consumers
The Consumer Financial Protection Bureau (CFPB) finds that renters are continuing to have a hard time paying their rent on ...
Will Trump kill the CFPB? The bureau’s future is unclear under the new administration
The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.
Rental households face growing financial struggles, CFPB reports indicate
Investing.com -- Today, the Consumer Financial Protection Bureau (CFPB) published two reports examining national rental payment data from September 2021 to November 2024. The reports highlight a ...
ConsumerAffairs1h
The Trump administration could roll back key consumer protections; advocates are monitoring
While there have been some consumer wins during Biden’s tenure, there are some rules that are tied up in court. Advocates are ...
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CashApp Customers Could Get a Refund for Fraud Protection Failures After CFPB Ruling
Cash App users who were victims of fraud may have money coming their way, after the app's parent company was fined $175 ...
JD Supra4d
Consumer-Protection Federalism: The CFPB’s Latest Guidance
Just days before the inauguration, the Consumer Financial Protection Bureau (the CFPB) issued guidance to states in a report titled, ...
Equifax hit with $15 million penalty from U.S. Consumer Financial Protection Bureau
Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.
Investopedia2d
How to Submit a Complaint to the CFPB
In July 2011, the Consumer Financial Protection Bureau (CFPB), officially entered service as a federal agency to investigate complaints about credit cards. Since then, it has expanded to ...
JD Supra7d
What the Future May Hold for the Consumer Financial Protection Bureau's Open Banking Rule
Will the Consumer Financial Protection Bureau’s (CFPB) recently promulgated open banking rule survive under the new Congress and incoming ...
Honda Finance To Pay $12.8M For Smearing Credit Score Of 300,000 Customers
The Consumer Financial Protection Bureau has ordered the American Honda Finance Corporation to pay $12.8 (£10.2 / €12.2) ...
The head of a federal agency for consumers has packed up his office. But will Trump fire him?
The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, ...