The Consumer Financial Protection Bureau said Monday (Nov. 21) that it filed a suit against Access Funding, alleging an illegal scheme that scammed lead paint poisoning victims. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The nation’s top consumer advocacy watchdog, the Consumer Financial Protection Bureau (CFPB), is intensifying its investigation into high-interest seller-financed home sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Now that the simple surprise factor has worn off and Americans and global markets have started getting their heads around the idea of President Donald J. Trump, the inevitable question coming is “now what?” Everyone understands that Trump won, of course — but the pressing question...
The Consumer Financial Protection Bureau announced Wednesday (Nov. 2) that it, along with the New York Attorney General, launched a lawsuit against what it said are the leaders of a “massive debt collection scheme” based in Buffalo, New York. Get the Full Story Complete the...
A new month, a new batch of complaints to the CFPB from consumers. 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....
The Consumer Financial Protection Bureau (CFPB) released a report Monday (Oct. 24) showcasing several market developments that could help consumers. In its report, dubbed “Project Catalyst report: Promoting consumer friendly innovation,” the CFPB said developments from FinTech startups, as well as traditional financial services companies,...
One in three rehabilitated student loans borrowers will default — again — within two years. That’s according to a new report out from the Consumer Financial Protection Bureau’s (CFPB) Student Loan Ombudsman. Get the Full Story Complete the form to unlock this article and enjoy...
Last week’s ruling by the D.C. Circuit that the CFPB’s structure is unconstitutional sets the stage for a hearing by the Supremes. At least, that’s the opinion of Columbia University law professor Ron Mann. You agree?
The Navy Federal Credit Union has been fined $28.5 million following civil charges that it threatened credit union members over debt collection, according to the Consumer Financial Protection Bureau (CFPB). The announcement was made on October 11, and a report by the CFPB found that...
