The public version of the CFPB's lawsuit included redactions that the banks requested, claiming the information was confidential, a CFPB spokesman said. The bureau intends to ask the court to seal the ...
According to the CFPB, Experian uses faulty intake procedures that fail to properly address consumer disputes. It also sends notices to consumers that fail to inform them of investigation results, ...
The Consumer Financial Protection Bureau's last-minute actions are expected to annoy the incoming Trump administration, which ...
The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To ...
It seems obvious that removing such risk would encourage people to make reckless financial decisions – to everyone except President Biden's Consumer Financial Protection Bureau (CFPB.) ...
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 ...
Today’s ever-shifting business environment means that consumers, businesses, employers, and employees all expect to transact digitally. To ...
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.
Chopra delivered the CFPB's semi-annual report to Congress. (Photo by Chip Somodevilla/Getty Images) Whether it’s Goldman Sachs and J.P. Morgan talking to their high-net worth prospects ...
The CFPB said $5 is the estimated level at which most banks could cover costs associated with administering a courtesy overdraft program. The $5 is a bit higher than the $3 benchmark fee that had ...
This places a clear obligation on lenders to accurately manage and service the refunds outlined in these contracts. The CFPB further underscores that consumers should not be required to initiate ...
The Consumer Financial Protection Bureau (CFPB) ostensibly exists to protect consumers. However, its recent actions raise serious concerns about whether its policies truly serve the best interests ...