There are no shortage of divisive topics in Washington D.C. these days; it would, in fact, be quicker and easier to make a list of topics that enjoy bipartisan agreement than to try and catalog all the individual differences. Judges, budgets, healthcare, regulation, the environment...
What is short-term lending’s long-term future? 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 completing this form, you agree to...
In a brief filed on Friday (March 17) in a lawsuit against the Consumer Financial Protection Bureau (CFPB), the Justice Department declared that the agency’s structure is unconstitutional. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
On Monday (March 6), CFPB Director Richard Cordray presented at the LendIt USA Conference, providing attendees with an overview of where the bureau stands on FinTech innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The latest complaints snapshot from the CFPB is in — and once again, credit reporting has managed to lead the pack amongst things consumers are dissatisfied with. Of the approximately 29,000 complaints handled in January, there were 7,730 complaints about debt collection. Get the Full...
For people who are credit invisible or lack enough credit history to receive a credit score, the possibility of obtaining a mortgage, credit card or other type of loan can be nearly impossible. In order to achieve those types of goals, they often have to...
The Consumer Financial Protection Bureau scored a victory when a federal appeals court on Thursday (Feb. 16) agreed to throw out a ruling that found the government watchdog is unconstitutional. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
While there have long been calls on Capitol Hill to reform the CFPB with an eye toward scaling back some of its vast powers, at least two Republicans — one Senator and one Congressman — are ready to toss the whole thing on the scrap...
Representative Jeb Hensarling, the chairman of the House Financial Services Committee, is gearing up to move ahead with legislation that would greatly weaken the Consumer Financial Protection Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
