CFPB

Prepaid Tops CFPB Complaint Snapshot

Prepaid Tops CFPB Complaint Snapshot
Prepaid Tops CFPB Complaint Snapshot
March 02, 2016  |  CFPB

The Consumer Financial Protection Bureau (CFPB) released its latest monthly consumer complaint snapshot on Tuesday (March 1), showing a spike in recent months in the...

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CFPB Fines Citi Over Illegal Debt Practices
CFPB Fines Citi Over Illegal Debt Practices
February 24, 2016  |  CFPB

The Consumer Financial Protection Bureau said Tuesday (Feb. 23) that it has taken two separate actions against Citibank, tied to both illegal debt sales and...

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CFPB Clarifies Innovation Policy
CFPB Clarifies Innovation Policy
February 19, 2016  |  Merchant Innovation

The Consumer Financial Protection Bureau said Thursday (Feb. 18) that it has “finalized a policy to facilitate consumer access to financial products and services that...

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Payday Lending Clash Rolls On Between CFPB And Congress
Payday Lending Clash Rolls On Between CFPB And Congress
February 16, 2016  |  Legal & Regulation

It has been a little less than a year since the Consumer Financial Protection Bureau announced its intentions to examine the institution of small-dollar, short-term...

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Lawmakers Urge CFPB Against Payday Rule Regulation
Lawmakers Urge CFPB Against Payday Rule Regulation
February 15, 2016  |  Legal & Regulation

In a shot across the bow that hints at a battle between the states and the Consumer Financial Protection Bureau, several Republicans and other lawmakers...

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CFPB Pushes For Small Banks And Credit Unions To Push Payday Lenders Out Of The Market
CFPB Pushes For Small Banks And Credit Unions To Push Payday Lenders Out Of The...
February 10, 2016  |  Legal & Regulation

The CFPB is not overly fond of payday lenders — a category of financial services that, in fairness, almost no one really likes because there is...

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CFPB Pushes Banks Toward Low-Risk Checking Services
CFPB Pushes Banks Toward Low-Risk Checking Services
February 03, 2016  |  Legal & Regulation

In its latest address, the CFPB has urged banks to improve checking account access by offering lower risk, lower cost checking account options. Get the...

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