The Consumer Financial Protection Bureau said Tuesday (Jan. 3) that it has fined TransUnion and Equifax amid allegations that the two companies misled consumers about “the usefulness and actual cost” of the credit scores that had been sold, according to a release by the bureau....
The CFPB is casting a critical eye on overdraft fees charged by banks — despite facing an uncertain future in the Trump administration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
If asked in September about what kind of year 2017 was going to be, CFPB officials most likely would have spoken mostly about their ongoing plans to make the world a better place for consumers. Get the Full Story Complete the form to unlock this...
Despite it being an uphill battle, Wells Fargo is continuing its attempt to win back customers and improve its reputation. Now, the strategy is to work with customers to make it right, on a one-on-one basis. Get the Full Story Complete the form to unlock...
When it comes to complaints lodged with the Consumer Financial Protection Bureau about debt collection, the government agency said attempts to collect debt on money that is not owed were the number one complaint. Get the Full Story Complete the form to unlock this article...
Though Donald Trump and Republican lawmakers have it out for the Consumer Financial Protection Bureau, actually giving the regulator the ax may be much more daunting than expected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Consumer Financial Protection Bureau (CFPB) announced Thursday (Dec. 15) the launch of Consumer Credit Trends, a web-based tool to help consumers monitor developments in consumer lending and to ascertain potential future risks. Get the Full Story Complete the form to unlock this article and...
The CFPB said Tuesday (Nov. 29) that it released its monthly snapshot spotlighting consumer complaints, and the highest levels of complaints focused on debt settlement and check cashing services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Consumers definitely need consumer financial protection. They are preyed upon by providers looking to make money on folks who are gullible, innumerate or just not paying attention. Fraud and deception are all too common. Get the Full Story Complete the form to unlock this article...
