The Consumer Financial Protection Bureau (CFPB) this week announced it has launched rulemaking to address harmful financial consequences of crimes including domestic violence and elder abuse.
To help consumers, the CFPB launched the Explore Credit Cards tool using open data so people can more easily make apples-to-apples comparisons about their credit card options. The tool provides ...
The CFPB rule would apply to banks with more than $10 billion in deposits. Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the ...
The new questions are part of a controversial advisory opinion, said James McCarthy, chairman of a financial services tech firm McCarthy Hatch who helped set up the complaint database as a CFPB senior ...
The sweeping rule immediately drew a legal challenge from bank trade groups. The CFPB said in a final rule issued Thursday, that it will reclassify overdraft fees as loans subject to interest rate ...
The warning on rewards was part of a trio of CFPB announcements involving the card industry. The bureau also launched a tool to enable consumers to compare the features of more than 500 credit cards — ...
In a statement, the CFPB said that too often large credit card issuers play "a shell game to lure people into high-cost cards, boosting their own profits while denying consumers the rewards they ...
The CFPB says it will distribute $1.8 billion to 4.3 million consumers who were charged illegal advance fees by Lexington Law and CreditRepair.com, which used telemarketing to offer credit repair ...