CFPB

CFPB
CFPB Director Calls for Stronger Data Protections
October 06, 2023

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), has reportedly expressed concerns about the potential risks posed by payment systems that enable excessive surveillance and financial censorship.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB
Supreme Court to Consider Fate of CFPB Tuesday
October 02, 2023

For the Consumer Financial Protection Bureau (CFPB), Tuesday (Oct. 3) looms as the beginning of an existential showdown. 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 Investigating Tuition Payment Plans and Practices of School-Based Lenders
September 14, 2023

The Consumer Financial Protection Bureau (CFPB) is looking into, and warning students about, the risks faced by students when entering into agreements with colleges for tuition payment plans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

CFPB
CFPB Reaches $2.7 Billion Settlement With Credit Repair Firms
August 28, 2023

America’s biggest credit repair companies could be forced to give up telemarketing. 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 our daily newsletter, PYMNTS Today. By...

CFPB
CFPB Targets Heights Finance for Alleged Illegal Loan Churning
August 22, 2023

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Heights Finance Holding, formerly known as Southern Management, and several of its subsidiaries, charging they have engaged in illegal loan-churning practices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

CFPB
CFPB Penalizes Freedom Mortgage for Incentives to Real Estate Brokers
August 17, 2023

The Consumer Financial Protection Bureau (CFPB) has taken action against Freedom Mortgage Corp. for engaging in illegal activities related to mortgage loan referrals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

CFPB
CFPB Could Use Credit Reporting Act Against Data Brokers
August 16, 2023

America’s consumer watchdog wants to crack down on “data brokers” who collect and sell people’s personal information. 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 our...

CFPB
CFPB Files Lawsuit Against Auto Loan-Servicer USASF Servicing
August 02, 2023

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against auto-loan servicer USASF Servicing. 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 our daily newsletter,...

CFPB
CFPB Probe Finds Abuse in Auto and Payday Loans
July 26, 2023

America’s consumer watchdog says it’s uncovered deception and abuse in several consumer financial products. 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 our daily newsletter, PYMNTS...