CFPB

CFPB Aims To Work Closely With FinTechs To Evolve The Industry
CFPB Aims To Work Closely With FinTechs To Evolve The Industry
October 25, 2016  |  CFPB

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...

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Student Loan Borrowers Hit With $125 Million In Interest Charges
Student Loan Borrowers Hit With $125 Million In Interest Charges
October 24, 2016  |  Consumer Finance

A new report from the Consumer Financial Protection Bureau found student loan borrowers are paying greater than $125 million in interest charges and that more...

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Long And Winding (Court) Road For CFPB Case
Long And Winding (Court) Road For CFPB Case
October 17, 2016  |  CFPB

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...

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CFPB Orders Navy Federal Credit Union To Pay $28.5 Million Fine
CFPB Orders Navy Federal Credit Union To Pay $28.5 Million Fine
October 12, 2016  |  CFPB

The Consumer Financial Protection Bureau said on Tuesday (Oct. 11) it ordered Navy Federal Credit Union to pay $28.5 million in fines and restitution over...

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The CFPB Found Unconstitutional…But …
The CFPB Found Unconstitutional…But …
October 12, 2016  |  CFPB

The Consumer Finance Protection Bureau suffered a major blow in Federal Appeals Court yesterday when a three judge panel ruled that parts of its leadership structure are unconstitutional....

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Federal Appeals Court Calls CFPB Unconstitutional
Federal Appeals Court Calls CFPB Unconstitutional
October 11, 2016  |  News

The Consumer Financial Protection Bureau was handed a blow when a federal appeals court panel ruled the structure of the government agency created in the...

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The CFPB, 5 Years In Consumer Complaints
The CFPB, 5 Years In Consumer Complaints
October 06, 2016  |  CFPB

A little over five years in, the CFPB has collected over 670,000 consumer complaints about just about any financial services-related topic there is. Beyond those...

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The Final CFPB Prepaid Card Rule Is Here (Expect Controversy)
The Final CFPB Prepaid Card Rule Is Here (Expect Controversy)
October 05, 2016  |  CFPB

The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually,...

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