CFPB

CFPB’s Chopra Proposes Structural Remedies for Repeat Offenders

CFPB’s Chopra Proposes Structural Remedies for Repeat Offenders
CFPB’s Chopra Proposes Structural Remedies for Repeat Offenders
March 29, 2022  |  Legal & Regulation

In a speech at the University of Pennsylvania Monday (March 28), Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra urged regulators and enforcers, including the...

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CFPB: Credit Card Companies Charged $12B in Late Fees in 2020
CFPB: Credit Card Companies Charged $12B in Late Fees in 2020
March 29, 2022  |  CFPB

Credit card companies charged $12 billion in late fees in 2020, with poorer Americans paying far more than wealthier people. Get the Full Story Complete...

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CFPB Extends ‘Junk Fees’ Deadline After Receiving 25,000 Comments
CFPB Extends ‘Junk Fees’ Deadline After Receiving 25,000 Comments
March 28, 2022  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) is extending its deadline to submit comments on its public consultation on “junk fees” until April 11. The CFPB...

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CFPB’s Chopra: Report ‘Underscores’ Need for Fair Real Estate Appraisals
CFPB’s Chopra: Report ‘Underscores’ Need for Fair Real Estate Appraisals
March 23, 2022  |  CFPB

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra has said the new report from the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE)...

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CFPB Releases Policy Guidance Related to Fake and Dishonest Reviews
CFPB Releases Policy Guidance Related to Fake and Dishonest Reviews
March 22, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) on Tuesday (March 22) unveiled policy guidance on “potentially illegal practices related to consumer reviews,” saying it “seeks to...

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70% of BNPL CFPB Complaints Are Lodged Against One Provider
70% of BNPL CFPB Complaints Are Lodged Against One Provider
March 17, 2022  |  BNPL

As the Consumer Financial Protection Bureau (CFPB) continues its investigation on the buy now, pay later (BNPL) market, we’ll soon know what consumers, small businesses,...

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CFPB Boosts Protections to Eliminate Consumer Finance Discrimination
CFPB Boosts Protections to Eliminate Consumer Finance Discrimination
March 16, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) on Wednesday (March 16) updated its supervisory operations to “better protect families and communities from illegal discrimination, including in...

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CFPB’s New Procedural Rules May Be a Game-Changer 
CFPB’s New Procedural Rules May Be a Game-Changer 
March 15, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) in late February issued procedural rules that may represent a change in the agency’s strategy to pursue enforcement actions...

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