CFPB Finalizes Rule Removing Medical Debt From Credit Reports
The agency estimated the rule will remove more than $49 billion in medical bills from the credit reports of about 15 million ...
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CFPB Sues Walmart, Branch Messenger Over Illegal Payment Accounts For Delivery Drivers
The CFPB's lawsuit alleges that Walmart and Branch opened Branch accounts for Spark Drivers, and Walmart then deposited drivers' pay into these accounts, without the drivers' consent. "Walmart ...
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Walmart illegally opened bank accounts for over 1 million drivers, CFPB alleges
And drivers paid a combined total of $10 million in “junk fees” to transfer those wages into other bank accounts, CFPB alleges. “Companies cannot force workers into getting paid through ...
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CFPB Claims Regarding Zelle Losses May Be Exaggerated
Earlier this week, the Consumer Financial Protection Bureau (CFPB) announced a lawsuit targeting the big banks that launched Zelle. Zelle was created by big banks in recognition of the rise of ...
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CFPB Director: Wall Street wants a lap dog, not a watchdog
Rohit Chopra, the director of the CFPB, joins Ali Velshi to explain why ... where people are getting ripped off with impunity and no one is taking any action at all.”Dec. 21, 2024 ...
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CFPB Director: Wall Street wants a lap dog, not a watchdog
Rohit Chopra, the director of the CFPB, joins Ali Velshi to explain why ... where people are getting ripped off with impunity and no one is taking any action at all.” Biden signs defense bill ...