CFPB

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...

CFPB
Rohit Chopra, Biden CFPB Pick, Will Focus On Pandemic-Rooted Consumer Debt
March 02, 2021

Rohit Chopra, President Joe Biden’s pick to lead the Consumer Financial Protection Bureau (CFPB), plans to go to bat for Americans struggling with debt amid the pandemic, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and...

CFPB
Biden’s CFPB Focuses On Debt Collection As Early Priority
February 08, 2021

Every new presidential administration gets to make its imprint on regulations — and by extension, the financial services industry. 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...

CFPB
Biden Asks Consumer Protection Chief Kraninger To Step Down
January 20, 2021

Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger handed in her resignation Wednesday (Jan. 20) at the request of U.S. President Joe Biden, newly sworn in as the 46th U.S. president, Bloomberg Law reported. Get the Full Story Complete the form to unlock this article...