CFPB

CFPB Claims Few Student Loan Borrowers Use Affordable Repayment Options

CFPB Claims Few Student Loan Borrowers Use Affordable Repayment Options
CFPB Claims Few Student Loan Borrowers Use Affordable Repayment Options
May 17, 2017  |  Loans

With 44 million Americans currently in student loan debt, equaling just over $1.4 trillion, paying all of that back can seem like a daunting and...

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New Prepaid Card Rules Survived The CRA (Payday Lending Regs Might Not)
New Prepaid Card Rules Survived The CRA (Payday Lending Regs Might Not)
May 16, 2017  |  CFPB

The Consumer Financial Protection Bureau’s (CFPB) rulemaking authority survived its first big challenge from the now Republican-dominated houses of Congress when an effort to use...

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A Birdseye Views Of Alternative Finance
A Birdseye Views Of Alternative Finance
May 15, 2017  |  B2B Payments

The Consumer Financial Protection Bureau (CFPB) has kicked off an inquiry into the U.S.’ SME finance space to understand how lenders lend to small businesses...

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Retail Fizzles, Alipay Sizzles — And Burger Wars Reignite On Mobile
Retail Fizzles, Alipay Sizzles — And Burger Wars Reignite On Mobile
May 12, 2017  |  Sizzle/Fizzle

May flowers did not appear for retail earnings, unless you consider a bouquet of stinkweed a blanket of blossoms. Simply put, the numbers were dismal,...

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The CFPB Is Taking A Closer Look At SMB Credit Access
The CFPB Is Taking A Closer Look At SMB Credit Access
May 10, 2017  |  CFPB

After almost a decade of complaints regarding a lack of access to credit, the Consumer Finance Protection Bureau (CFPB) has announced it will launch an inquiry...

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Changes In Attitude, Changes In FinServ Regulatory Latitude
Changes In Attitude, Changes In FinServ Regulatory Latitude
May 09, 2017  |  CFPB

Last week was not a good week to be the CFPB or Dodd-Frank financial reforms. The House Financial Services Committee voted 34 to 26 to...

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Banks Line Up To Challenge CFPB
Banks Line Up To Challenge CFPB
May 08, 2017  |  CFPB

Things are getting tougher for the Consumer Financial Protection Bureau (CFPB) under the new political administration. More banks are now willing to challenge CFPB enforcement actions,...

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CFPB Slams Online Lenders
CFPB Slams Online Lenders
April 28, 2017  |  CFPB

The Consumer Financial Protection Bureau (CFPB) just recently filed suit against four online lenders for allegedly collecting on consumer debts they were not legally owed....

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CFPB Snapshot Highlights Biggest Student Loan Complaints
CFPB Snapshot Highlights Biggest Student Loan Complaints
April 26, 2017  |  Loans

The Consumer Financial Protection Bureau (CFPB) released a monthly complaint snapshot revealing that both private and federal student loan borrowers nationwide report persistent servicing breakdowns that may...

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