The Consumer Financial Protection Bureau (CFPB) has recorded record-high numbers of complaints every month since the pandemic hit in mid-March, according to a press release from the U.S. PIRG Education Fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Earlier this week, the Consumer Financial Protection Bureau (CFPB) issued its final rule on payday lending — revoking some would-be restrictions that date back roughly three years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The federal Consumer Financial Protection Bureau (CFPB) has eliminated a rule that placed limits on payday lenders, handing a victory to the sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
After years of debate about the U.S. Consumer Finance Protection Bureau (CFPB)’s legality, the U.S. Supreme Court ruled 5-4 on Monday (June 29) that the Obama-era agency’s structure is unconstitutional — although the body can continue if changed from its current form. Get the Full...
The Consumer Financial Protection Bureau (CFPB) has made it easier for people to access stimulus CARES Act funds by removing some of the legal barriers barring banks from issuing the payments through prepaid accounts, according to a press release. Get the Full Story Complete the...
The Supreme Court heard arguments about whether a sitting U.S. president has the authority to fire the leader of the Consumer Financial Protection Bureau (CFPB), which was formed after the financial crisis, according to the Financial Times. Get the Full Story Complete the form to...
The chairwoman of the U.S. House Committee on Financial Services, Maxine Waters, told the head of the Consumer Financial Protection Bureau (CFPB), Kathy Kraninger, that the organization needs to do better. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit on Thursday (Jan. 30) against Citizens Bank over alleged violations of the Truth In Lending Act (TILA). It filed the complaint in the U.S. District Court for the District of Rhode Island. Get the Full Story...
For the Consumer Financial Protection Bureau (CFPB), 2020 may be a landmark year. There’s the looming question over the agency’s very constitutionality, recent definitions of what equates to “abusive” practices may scale back investigations (and fines) and some states seek to boost consumer protections. We...
