As the financial industry awaits the release of the Consumer Financial Protection Bureau’s (CFPB) proposed rules governing data sharing, businesses of all sizes are preparing for...
Roughly 300,000 student loan borrowers have died since the federal government’s 2020 loan moratorium. And according to a report Monday (Aug. 7) by Bloomberg News, that means...
It has been a truly humbling past 12 months for the crypto sector. The alternative value-transfer vehicle, which was supposed to revolutionize the traditional financial...
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against auto-loan servicer USASF Servicing. USASF is accused of illegally disabling borrowers’ vehicles, improperly repossessing...
When student loans resume this fall, many borrowers will send payments to new providers. Roughly 44% of federal student loan borrowers will have a new...
America’s consumer watchdog says it’s uncovered deception and abuse in several consumer financial products. The Consumer Financial Protection Bureau (CFPB) released a report Wednesday (July...
America’s consumer watchdog says too many workers are falling into TRAPs. That stands for “training repayment agreement provisions,” a form of employer-driven debt the Consumer Financial...
America’s consumer watchdog says bank mergers are set to become much tougher to pull off. In an interview with Reuters Thursday (July 20), Consumer Financial Protection Bureau (CFPB) Director Rohit...
The Consumer Financial Protection Bureau (CFPB) has sued lease-to-own finance company Snap Finance, alleging deception, consumer law violations and making false threats. The CFPB is now seeking monetary...