CFPB

CFPB Finds Coding Bootcamp BloomTech Deceived Students About Loans, Jobs
CFPB Finds Coding Bootcamp BloomTech Deceived Students About Loans, Jobs
April 17, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has issued an order against coding bootcamp BloomTech, also known as the Bloom Institute of Technology, and its CEO, Austen Allred, alleging that they deceived...

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Upcoming Data Reporting Requirements Could Shape Small Business Lending’s Future
Upcoming Data Reporting Requirements Could Shape Small Business Lending’s Future
April 16, 2024  |  Loans

Main Street businesses represent the backbone of both the American economy and their local communities. And with the news on Tuesday (April 16) that Rapid...

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CFPB Supports Connecticut Bill to Limit Reporting of Medical Debt
CFPB Supports Connecticut Bill to Limit Reporting of Medical Debt
April 15, 2024  |  Consumer Finance

The Consumer Financial Protection Bureau (CFPB) has written a letter in support of a Connecticut bill that would prohibit healthcare providers in the state from reporting medical debt...

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CFPB and EU Eye Consumer Risks of BNPL, AI and Digital Payments
CFPB and EU Eye Consumer Risks of BNPL, AI and Digital Payments
April 11, 2024  |  CFPB

Consumer protection officials for the United States and the European Commission have met to discuss three shared priorities: buy now, pay later (BNPL), digital payments...

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CFPB Could Block Lenders From Charging for Title Insurance
CFPB Could Block Lenders From Charging for Title Insurance
April 10, 2024  |  CFPB

America’s leading consumer watchdog is reportedly weighing a sweeping change to the title insurance industry. As Bloomberg News reported Wednesday (April 10), the Consumer Financial...

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This Week in Web3: Usability, Utility and Oversight 
This Week in Web3: Usability, Utility and Oversight 
April 10, 2024  |  Blockchain

The next iteration of the internet, Web3, has been around for a while now.  Meta’s Reality Labs division — the arm of the tech giant...

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Legislation Seeks to Overturn CFPB Limits on Credit Card Late Fees
Legislation Seeks to Overturn CFPB Limits on Credit Card Late Fees
April 09, 2024  |  CFPB

The fight over credit card late fees may go to Capitol Hill. Sen. Tim Scott of South Carolina unveiled a joint resolution Monday (April 8) that would prevent the...

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CFPB Late Fee Lawsuit Gets Sent Back to Texas
CFPB Late Fee Lawsuit Gets Sent Back to Texas
April 07, 2024  |  CFPB

A federal lawsuit challenging new credit card late fee limits will remain in Texas. The U.S. Court of Appeals for the Fifth Circuit ruled Friday (April 5)...

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CFPB Monitoring Potential Risk of ‘Discount Points’ Paid by Homebuyers
CFPB Monitoring Potential Risk of ‘Discount Points’ Paid by Homebuyers
April 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is monitoring the increasing payment of “discount points” by homebuyers and the potential risk this may pose to consumers....

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