Consumer Financial Protection Bureau

CFPB Signals Rulemaking Push for Nonbank Personal Loans, Including BNPL
CFPB Signals Rulemaking Push for Nonbank Personal Loans, Including BNPL
January 09, 2025  |  CFPB

The Consumer Financial Protection Bureau has been busy — with the latest salvo of (possible) rulemaking looming for buy now, pay later (BNPL) loans, earned...

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Banning Medical Debt From Credit Reports May Have Unintended Consequences
Banning Medical Debt From Credit Reports May Have Unintended Consequences
January 08, 2025  |  Consumer Finance

The promise of eliminating medical debt from credit reports — per the finalized rule from the Consumer Financial Protection Bureau (CFPB) — is that consumers’...

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Financial Services Legislation Is in the Spotlight as the 119th Congress Settles In
Financial Services Legislation Is in the Spotlight as the 119th Congress Settles In
January 07, 2025  |  Politics

The 119th Congress has now been seated, and is poised to consider, to take up — or to scuttle — financial services legislation that may...

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CFPB Sues Experian, Alleging Improper Investigations of Consumer Complaints
CFPB Sues Experian, Alleging Improper Investigations of Consumer Complaints
January 07, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sued consumer reporting agency Experian on Tuesday (Jan. 7), alleging that the company unlawfully failed to properly investigate consumer...

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CFPB Bans Medical Debt From Consumer Credit Reports
CFPB Bans Medical Debt From Consumer Credit Reports
January 07, 2025  |  Debt

Medical debt will no longer appear on consumers’ credit reports under a new government rule. Get the Full Story Complete the form to unlock this...

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CFPB Sues Vanderbilt Mortgage, Alleging It ‘Traps People in Risky Loans’
CFPB Sues Vanderbilt Mortgage, Alleging It ‘Traps People in Risky Loans’
January 06, 2025  |  CFPB

The Consumer Financial Protection Bureau sued nonbank financing company Vanderbilt Mortgage & Finance Monday (Jan. 6), saying the company made loans to consumers despite evidence...

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CFPB Aims to Stop Debt Collectors From Contacting Borrowers at Work
CFPB Aims to Stop Debt Collectors From Contacting Borrowers at Work
January 02, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is working to prevent unlawful debt collection targeting consumers at their workplace. Get the Full Story Complete the form...

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2025 is a Pivotal Year for BNPL as Providers, CFPB Clash Over Regulations
2025 is a Pivotal Year for BNPL as Providers, CFPB Clash Over Regulations
January 02, 2025  |  BNPL

The Consumer Financial Protection Bureau (CFPB)’s continued push for regulation of buy now, pay later (BNPL) firms offers up a dual-edged sword: The agency’s interpretive...

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Chopra: Regulators Must Do More to Ensure Investment Managers Aren’t ‘Improperly Influencing’ Banks
Chopra: Regulators Must Do More to Ensure Investment Managers Aren’t ‘Improperly Influencing’ Banks
December 30, 2024  |  Bank Regulation

Recent steps taken by the Federal Deposit Insurance Corporation (FDIC) will help ensure that fund managers are not “improperly influencing” decisions made by FDIC-supervised banks,...

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