Consumers will save, if you incentivize them to save. That’s according to a new report from the Consumer Financial Protection Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Five years in and a million complaints down. That is the story the CFPB is putting out today — since having been founded in 2011, the Consumer Finance Protection Bureau has handled over one million consumer complaints, a milestone they sailed past earlier this month. Get the...
The Consumer Financial Protection Bureau said on Tuesday (Sept. 27) that it has taken action against an online lender, LendUp, with fines levied of $1.8 million and an additional civil penalty of $1.8 million. Get the Full Story Complete the form to unlock this article...
The Consumer Financial Protection Bureau said on Monday (Sept. 26) that it has levied a $9 million fine against TitleMax, among the nation’s biggest auto title lenders, for misleading consumers over costs tied to loans and also for using unfair debt collection efforts. Get the...
The Consumer Financial Protection Bureau (CFPB) announced on Friday (Sept. 23) it filed a lawsuit in federal district court against credit repair company Prime Marketing Holdings, which it contends charged consumers a series of illegal advance fees, as well as misrepresented the cost and effectiveness...
The Consumer Financial Protection Bureau will not be able to spend much time savoring its victory against Wells Fargo and the huge $185 million settlement against the banking giant levied earlier this month. Get the Full Story Complete the form to unlock this article and...
If startup innovators and finance experts are struggling to keep ahead of the curve in the rapidly evolving digital and physical finance world, educators and curricula developers are surely a few steps behind. The Consumer Financial Protection Bureau (CFPB) has released a report that contains...
With the wide range of highly controversial subjects that fall under the CFPB’s purview, arbitration may come as something of a surprise. Unlike payday lending or prepaid card rules, which affect products consumers actually use day in and day out, arbitration only comes up when...
The latest monthly complaint report from the Consumer Financial Protection Bureau, released on Aug. 30, shows that the top-of-mind complaints centered on banking, ranging from accounts to services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
