CFPB

The CFPB, 5 Years In Consumer Complaints

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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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

T-minus five days and counting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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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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