CFPB

CFPB Bans Performant From Servicing or Collecting Student Loan Debt
CFPB Bans Performant From Servicing or Collecting Student Loan Debt
December 09, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) banned Performant Recovery from servicing or collecting any student loan debts and ordered the company to pay a $700,000...

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CFPB Loses Bid to Reinstate Cap on Credit Card Late Fees
CFPB Loses Bid to Reinstate Cap on Credit Card Late Fees
December 08, 2024  |  CFPB

A federal judge has upheld an order blocking a cap on credit card late fees. Get the Full Story Complete the form to unlock this...

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Google Sues CFPB, Calling Supervisory Designation Order ‘Government Overreach’
Google Sues CFPB, Calling Supervisory Designation Order ‘Government Overreach’
December 06, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) ordered federal supervision of Google on Friday (Dec. 6) after a contested designation. Get the Full Story Complete the form...

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CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
December 06, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sued Comerica Bank Friday (Dec. 6), alleging that the bank committed violations that include hanging up on customer service calls and...

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CFPB Files Proposed Settlement With Student Lender Climb Credit
CFPB Files Proposed Settlement With Student Lender Climb Credit
December 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has filed a proposed order for settling its lawsuit against student lender Climb Credit and its investors, including 1/0....

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CFPB Ombudsman’s Office Fields Record Number of Inquiries in FY2024
CFPB Ombudsman’s Office Fields Record Number of Inquiries in FY2024
December 05, 2024  |  CFPB

The Consumer Financial Protection Bureau’s (CFPB) Ombudsman’s Office received a record number of inquiries in fiscal year 2024. Get the Full Story Complete the form...

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CFPB Begins Largest-Ever Distribution to Victims in ‘Advance Fee’ Case
CFPB Begins Largest-Ever Distribution to Victims in ‘Advance Fee’ Case
December 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has begun distributing $1.8 billion to 4.3 million consumers a year after securing a legal judgment saying that companies...

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CFPB Aims to Ban Student Loan Pro From Offering Financial Products
CFPB Aims to Ban Student Loan Pro From Offering Financial Products
December 04, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has taken action to permanently ban Student Loan Pro and its owner, Judith Noh, from offering or providing consumer...

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New CFPB Proposed Rule Would Restrict Data Brokers’ Reach
New CFPB Proposed Rule Would Restrict Data Brokers’ Reach
December 03, 2024  |  CFPB

As the year draws to a close, the end of 2024 has been marked by a flurry of rule-making by the Consumer Financial Protection Bureau...

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