Income-driven repayment plans for federal student loan borrowers may not be as great as they are billed. That’s according to the Consumer Financial Protection Bureau (CFPB) Student Loan Ombudsman, which released a report showing consumers complain of servicing problems that make it hard to get lower...
Controversy is swirling around a recent appointment to one of the top positions at the Consumer Financial Protection Bureau, and as American Banker reported on Wednesday (Aug. 17), the scrutiny revolves around the newly installed head of supervision and enforcement of fair lending. Get the Full Story...
Financial services can be confusing but for non-English speaking ones living in the U.S., which at last count is more than 41 million, accessing financial services and products can be a huge problem. Get the Full Story Complete the form to unlock this article and...
The Consumer Financial Protection Bureau, which was established in July 2011 on the heels of the financial crisis, has long tried to get credit card companies to disclose more about the rates and fees they charge, and it turns out it isn’t doing such a...
As is often the case with things associated with the Consumer Financial Protection Bureau, the database it uses to log consumer complaints is an oddly controversial and touchy topic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The legislative and regulatory battles looming for the Consumer Financial Protection Bureau continue. The vast majority of United States senators have penned a letter urging the CFPB to let community banks and credit unions live free from additional regulations. Get the Full Story Complete the form...
The Consumer Financial Protection Bureau said on Thursday (July 14) that it had marked its fifth anniversary by outlining five ways it has made a difference in financial oversight on behalf of consumers. Get the Full Story Complete the form to unlock this article and enjoy...
The Consumer Bankers Association (CBA) is throwing its support behind the Consumer Financial Protection Bureau (CFPB). 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,...
The CFPB has taken steps to crack down on mortgage servicers that aren’t keeping their technology up to date and, as a result, may be harming consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
