Trump's second term could mean the downfall of the FDIC, CFPB: Here's what that means for consumers
Here’s what experts say about the possible closure of the Federal Deposit Insurance Corporation or the Consumer Financial ...
Consumer watchdog sues Capital One for allegedly 'cheating' customers out of interest payments
Capital One is defending itself from the CFPB's claims that it cheated customers out of billions of dollars in interest ...
Capital One accused of hiding lower rates in savings accounts scheme
The lawsuit claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 to 2019.
CFPB fines Equifax $15 million for errors on credit reports
The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit ...
WREG-TV Memphis on MSN11d
Medical debt to be banned from credit reports
WASHINGTON (NEXSTAR) – The Biden administration finalized a rule on Tuesday to prevent unpaid medical bills from showing up ...
FedScoop9d
CFPB signs off on standard-setting body’s application for open-banking rule
CFPB Director Rohit Chopra speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., on June 13, 2023. (Photo by Michael A. McCoy/Getty Images) The ...
The Washington Post12d
CFPB issues rules to remove medical debt from consumer credit reports
Many of these people carry medical debt despite having some form of health insurance. The CFPB said some of the past-due balances are actually erroneous, reflecting amounts already paid or greatly ...
bankingdive9d
CFPB brings back sandbox but keeps competition emphasis
The bureau’s policies restore the no-action letter and sandbox designation, but feature some tweaks aimed at correcting past “shortcomings.” ...