CFPB

CFPB Warns Student Loan Servicers About Public Service Forgiveness

CFPB Warns Student Loan Servicers About Public Service Forgiveness
CFPB Warns Student Loan Servicers About Public Service Forgiveness
February 18, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has issued a bulletin warning student loan servicers that they could face sanctions if they mislead borrowers about loan...

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CFPB Makes It Easier for Public to Petition for Rule Changes
CFPB Makes It Easier for Public to Petition for Rule Changes
February 16, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is making it easier to talk with the agency about rule changes, as the public can now submit petitions to...

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CFPB Acts to Guard Gov’t Benefits from Card Companies
CFPB Acts to Guard Gov’t Benefits from Card Companies
February 15, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) says it is taking action to keep prepaid card providers from illegally taking money from people receiving benefits from...

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CFPB’s Fight Against ‘Junk Fees’ May Need Further Explanation
CFPB’s Fight Against ‘Junk Fees’ May Need Further Explanation
February 14, 2022  |  CFPB

Consumer Finance Protection Bureau (CFPB) Director Rohit Chopra made clear his intentions to crack down on “junk fees” charged by financial institutions (FIs) again last...

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TD Bank Revamps Overdraft Fees, Gives 24-Hour Grace Period
TD Bank Revamps Overdraft Fees, Gives 24-Hour Grace Period
February 01, 2022  |  Banking

TD Bank has been redoing its overdraft fee policies, the CBC reported Tuesday (Feb. 1), and customers will be able to now overdraw their accounts...

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Regulators Walk Fine Line Between Protecting Consumers, Stifling FinTech Innovation
Regulators Walk Fine Line Between Protecting Consumers, Stifling FinTech Innovation
February 01, 2022  |  Legal & Regulation

The regulators sharpen their gaze, the legislators sharpen their pencils and bang the gavels — and Big Tech, banks and FinTechs are in the crosshairs,...

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Crypto Critic Joins CFPB
Crypto Critic Joins CFPB
January 27, 2022  |  Cryptocurrency

A well-known skeptic of cryptocurrencies is joining the Consumer Financial Protection Bureau, which could signal more federal oversight in the future of the digital coins....

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CFPB Opens Inquiry Against ‘Junk Fees’
CFPB Opens Inquiry Against ‘Junk Fees’
January 26, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) launched an initiative to reduce “junk fees,” a move the agency said will save consumers billions of dollars each...

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