Consumer Financial Protection Bureau won't be deleted, Trump administration says
One of the CFPB's rules last year capped credit card fees at $8, but a federal judge put it on hold after business lobbyists ...
What does having the Consumer Financial Protection Bureau on hold mean for consumers?
Here's some background on the scope of the CFPB's activities and how the agency's tenuous status might affect consumers.
Inc29d
Here’s What CFPB Hold Means for Consumers
the fee’s Annual Percent Rate (APR) as they do with other short-term loans. Overdraft fees currently run about $35 on average. The CFPB finalized a rule in January that would remove medical debt ...
CNBC13d
Credit card late fees cost Americans billions a year — now they're capped at $8
The CFPB also made it clear that this rule doesn ... The card also has no annual fee and no penalty APR, so your interest rate won't spike if you're late with a payment. Further, it also offers ...
Forbes6d
The Dismantling Of Consumer Protections: What It Means For You
The abrupt firing of Rohit Chopra, Consumer Financial Protection Bureau (CFPB) Director on February 1 and the swift appointment of Scott Bessent on February 3 have set in motion the rapid ...
Alabama Public Radio10d
The CFPB drops its case against payment app Zelle, in another sign of a Trump pivot
Customers of the top three banks lost more than $870 million over seven years due to the banks' failures to protect them, ...
American Banker17d
CFPB dismisses lawsuit against lending platform SoLo Funds
The CFPB originally filed a lawsuit against SoLo Funds in May 2024 ... "It is letting off scot-free a deceptive company that claimed 0% APR for payday loans of 400% APR or higher, with interest ...