CFPB

CFPB
CFPB Expected To Query Tech Giants Over Financial Data Handling
October 21, 2021

Big tech companies in the U.S. are expected to receive a request for information packet from Rohit Chopra, the new director of the Consumer Financial Protection Bureau, Reuters reported on Thursday (Oct. 21), citing two sources with insider information. Get the Full Story Complete the...

CFPB
Senate Narrowly Confirms Rohit Chopra as Consumer Watchdog Boss
October 01, 2021

The U.S. Senate confirmed President Joe Biden’s pick to lead the Consumer Financial Protection Bureau (CFPB) 50-48 in a party-line vote that got no Republican support for Rohit Chopra, who currently serves as a commissioner on the Federal Trade Commission. Get the Full Story Complete...

CFPB
CFPB Data Shows Lower-Income Areas More Likely to File Complaints on Credit Reporting, ID Theft
September 23, 2021

Lower-income, mostly Black and Hispanic, communities were more likely to submit complaints to the Consumer Financial Protection Bureau (CFPB) about credit reporting, identity theft and delinquent servicing, a report from the agency shows, per a Thursday (Sept. 23) press release. Get the Full Story Complete...

CFPB
CFPB Sues LendUp Alleging Online Lender Broke Consent Order
September 08, 2021

The Consumer Financial Protection Bureau (CFPB) is alleging in court that LendUp Loans has violated a 2016 consent order and deceived borrowers, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB
Small Lenders Question Scope, Impact of CFPB’s Proposed Disclosure Rules
September 03, 2021

Two organizations representing lenders have expressed reservations about a new rule proposed Wednesday (Sept. 1) by the Consumer Financial Protection Bureau (CFPB). The rule, if finalized, would require lenders to disclose information about their lending to small businesses. Get the Full Story Complete the form to unlock this article and enjoy...

CFPB
CFPB Proposal to Help SMBs Gain Access to Credit
September 01, 2021

The Consumer Financial Protection Bureau (CFPB) proposed a new rule Wednesday (Sept. 1) that will help small- to medium-sized businesses (SMBs) get access to credit, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB
CFPB Unveils New Rules To Protect Against Foreclosures
June 29, 2021

The Consumer Financial Protection Bureau (CFPB) unveiled new protections for mortgage holders two days before the federal ban on foreclosures was set to expire. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

CFPB
CFPB Proposes New Protections For Struggling Mortgage Holders
April 05, 2021

Under a new set of Consumer Financial Protection Bureau (CFPB) rule changes, avoidable foreclosures would be able to be prevented, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CFPB
Pandemic, Credit Reporting Issues Send CFPB Complaints Up 54 Pct
March 24, 2021

The Consumer Financial Protection Bureau (CFPB) found in its Consumer Response Annual Report for 2020 that there were about 542,300 complaints last year, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...