The CFPB has its eye on the biggest marketplace lenders in the U.S., and it is leaning toward bringing those online businesses under its supervision within the next year or so. That transition would see this class of lenders facing — for the first time...
U.S. consumers logged growth in complaints to the CFPB, especially focused on debt collectors. Mortgages remain a problem in terms of accurate and timely communication with holders.
A number of companies are taking it upon themselves to get self-driving cars on the road, sooner rather than later. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Consumer Financial Protection Bureau said on Monday (April 25) that it ordered the debt collection law firm Pressler & Pressler, two principal partners and another debt buyer — New Century Financial Services — to “stop churning out unfair and deceptive debt collection lawsuits based...
The larger Uber grows, the more it has to confront an essential problem brewing at the core of the sharing economy: are the drivers it employs full employees — and thereby entitled to all the protections and regulations that comes with the status — or can...
The Consumer Financial Protection Bureau is readying its final rule proposal with an eye on limiting arbitration clauses, in a move that is expected to come on May 5. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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A federal judge has ruled that the CFPB has overstepped its authority in its attempts to investigate an organization that accredits for-profit colleges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Uber’s aggressive expansion methods just cost the company millions of dollars after a Pennsylvania regulator found it guilty of illegally operating in the state in 2014. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
