CFPB

CFPB
Google Sues CFPB, Calling Supervisory Designation Order ‘Government Overreach’
December 06, 2024

The Consumer Financial Protection Bureau (CFPB) ordered federal supervision of Google on Friday (Dec. 6) after a contested designation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

CFPB
CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
December 06, 2024

The Consumer Financial Protection Bureau (CFPB) sued Comerica Bank Friday (Dec. 6), alleging that the bank committed violations that include hanging up on customer service calls and charging illegal ATM fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

CFPB
CFPB Files Proposed Settlement With Student Lender Climb Credit
December 05, 2024

The Consumer Financial Protection Bureau (CFPB) has filed a proposed order for settling its lawsuit against student lender Climb Credit and its investors, including 1/0. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CFPB
CFPB Ombudsman’s Office Fields Record Number of Inquiries in FY2024
December 05, 2024

The Consumer Financial Protection Bureau’s (CFPB) Ombudsman’s Office received a record number of inquiries in fiscal year 2024. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

CFPB
CFPB Begins Largest-Ever Distribution to Victims in ‘Advance Fee’ Case
December 05, 2024

The Consumer Financial Protection Bureau (CFPB) has begun distributing $1.8 billion to 4.3 million consumers a year after securing a legal judgment saying that companies had violated the Telemarketing Sales Rule’s advance fee prohibition. Get the Full Story Complete the form to unlock this article...

CFPB
CFPB Aims to Ban Student Loan Pro From Offering Financial Products
December 04, 2024

The Consumer Financial Protection Bureau (CFPB) has taken action to permanently ban Student Loan Pro and its owner, Judith Noh, from offering or providing consumer financial products, alleging that they violated federal law by requesting and receiving advance fees for debt-relief services. Get the Full...

CFPB
New CFPB Proposed Rule Would Restrict Data Brokers’ Reach
December 03, 2024

As the year draws to a close, the end of 2024 has been marked by a flurry of rule-making by the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

CFPB
Trump Considering ‘Pretty Significant’ Changes to CFPB
November 24, 2024

President-elect Donald Trump and congressional Republicans are reportedly considering sweeping changes to the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

CFPB
CFPB: Student Loan Servicers’ Autopay Errors ‘Completely Unacceptable’
November 19, 2024

The Consumer Financial Protection Bureau (CFPB) is seeing cases in which student loan servicers are withdrawing incorrect amounts from borrowers’ bank accounts and making other errors involving payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...