CFPB

CFPB Aims To Work Closely With FinTechs To Evolve The Industry

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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