CFPB

As The Comment Period Comes To A Close, Legislators Diverge On Payday Lending
As The Comment Period Comes To A Close, Legislators Diverge On Payday Lending
October 04, 2016  |  Alternative Finances

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CFPB To LendUp: You Failed To Deliver, Pay Up $3.63 Million
CFPB To LendUp: You Failed To Deliver, Pay Up $3.63 Million
September 28, 2016  |  CFPB

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...

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CFPB Files Lawsuit Against Credit Repair Company Prime Marketing Holdings
CFPB Files Lawsuit Against Credit Repair Company Prime Marketing Holdings
September 26, 2016  |  CFPB

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...

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Online Lenders to See More Regulation … And Soon
Online Lenders to See More Regulation … And Soon
September 19, 2016  |  Regulation

In a move that may add insult to injury, the online lending sector may have to gird for more regulation amid the stings of rather...

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Prepaid Card Regulations Looming
Prepaid Card Regulations Looming
September 19, 2016  |  Regulation

Prepaid cards are popular, for sure. They’re used for shopping or just to draw out funds from an ATM machine, and they’re hooked up to payment...

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For CFPB, Win A Battle, Lose The War?
For CFPB, Win A Battle, Lose The War?
September 16, 2016  |  CFPB

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...

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Wells CEO Says He’s Sticking Around
Wells CEO Says He’s Sticking Around
September 14, 2016  |  Banking

In the midst of swirling controversy tied to sham accounts at Wells Fargo, CEO John Stumpf has said he intends to keep his position at...

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Wells Fargo CFO Blames Fake Account Openings On Underperformers
Wells Fargo CFO Blames Fake Account Openings On Underperformers
September 14, 2016  |  Banking

Wells Fargo may be facing the largest fine ever levied by the Consumer Financial Protection Bureau after it was revealed employees opened up thousands of...

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