CFPB

CFPB Wins $173M Illegal Debt Relief Scheme Case

CFPB Wins $173M Illegal Debt Relief Scheme Case
CFPB Wins $173M Illegal Debt Relief Scheme Case
March 21, 2016  |  CFPB

The Consumer Financial Protection Bureau said on Friday (March 18) that, at the agency’s request, a federal district court has entered a final judgment against Morgan Drexen,...

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CFPB Director’s Semi-Annual Report Sparks Debate
CFPB Director’s Semi-Annual Report Sparks Debate
March 17, 2016  |  CFPB

Commentary published on Wednesday (March 16) by National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger may signal a contentious debate over assertions by the Consumer...

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Lawmakers Urge CFPB To Ease Up On Small Banks
Lawmakers Urge CFPB To Ease Up On Small Banks
March 16, 2016  |  CFPB

A majority of the U.S. House of Representatives has spoken out in a new bipartisan letter urging the CFPB to remove small banks and credit unions...

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CFPB Goes After Student Loan Debt Relief Scheme
CFPB Goes After Student Loan Debt Relief Scheme
March 16, 2016  |  CFPB

The Consumer Financial Protection Bureau announced on Tuesday (March 15) that it is taking action to bring down a student debt relief scheme that illegally charged...

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What To Expect From The CFPB’s Semi-Annual Report
What To Expect From The CFPB’s Semi-Annual Report
March 15, 2016  |  CFPB

We’re just one day from hearing what CFPB Director Richard Cordray has to say about the regulatory environment of consumer financial services in the U.S.,...

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CFPB Uncovers Remittance Transfer Violations
CFPB Uncovers Remittance Transfer Violations
March 09, 2016  |  CFPB

The Consumer Financial Protection Bureau said on Tuesday (March 8) that it has released its latest supervision report, and its review of both banks and...

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CFPB Opens Floodgates For Online Marketplace Lender Complaints
CFPB Opens Floodgates For Online Marketplace Lender Complaints
March 08, 2016  |  CFPB

The CFPB has officially opened up its online forum for accepting consumer complaints geared at those who have experienced issues from online marketplace lenders. Get...

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