The Consumer Finance Protection Bureau (CFPB) has said LendUp Loans has to pay a $100,000 penalty, stop issuing loans and stop collecting some outstanding ones...
Reminiscent of government hearings in the late 1960s over potential credit card debt dangers, the Consumer Financial Protection Bureau (CFPB) is now inquiring into issuance,...
The Consumer Financial Protection Bureau said Thursday (Dec. 16) it wants details from several high-profile buy now, pay later (BNPL) firms — Affirm, Afterpay, Klarna,...
The Consumer Financial Protection Bureau (CFPB) opened on December 16 an inquiry into Buy Now, Pay Later (BNPL) to better understand the risks and benefits...
Citing concerns about the buy now, pay later (BNPL) sector, the Consumer Financial Protection Bureau has ordered five BNPL firms to turn over information about...
No surprise: In the great digital shift, many consumers have turned to third-party apps to access their financial data. Yet those consumers are less than...
Predicting the Consumer Financial Protection Bureau’s agenda for 2022 based on this year’s rulemaking isn’t quite as easy this year, as the bureau was without...
Consumer Financial Protection Bureau director Rohit Chopra, a former Federal Trade Commission member, is taking a closer look at Amazon.com, Apple, Facebook parent Meta Platforms,...