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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The Consumer Financial Protection Bureau said on Tuesday (April 12) that it is adding half a dozen professionals to a number of leadership positions at the organization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In a hearing up on Capitol Hill, CFPB Director Richard Cordray detailed his agency’s record on the continuing fight against financial fraud, and some Republicans were less than impressed.
In a bit of jousting just before the Consumer Financial Protection Bureau is slated to present a semiannual report to Congress, senators on both sides of the aisle alternately championed and decried the bureau’s track record on protecting consumers from various financial malfeasances. Get the...
The CFPB announced yesterday (March 30) that it has taken action against a student loan debt relief scam that causes borrowers to pay for illegal fees tied to federal loan benefits that the company claimed to be associated with the Department of Education. Get the...
The Consumer Financial Protection Bureau said Tuesday (March 29) that it has released its newest monthly consumer complaint snapshot, which, as per usual, spotlights complaints tied to debt collection. And perhaps to the surprise of no one, the highest-ranking agitator of consumer nerves were the attempts...
The Consumer Financial Protection Bureau said on Wednesday (March 23) that it has issued an advisory alongside a report detailing recommendations for financial institutions, ranging from credit unions to banks, offering information on how to recognize, report and also prevent financial exploitation of older customers....
The Consumer Financial Protection Bureau said on Friday (March 18) that, at the agency’s request, a federal district court has entered a final judgment against Morgan Drexen, a debt relief company, with the resolution of a suit brought by the CFPB three years ago. Get the Full...
