Consumer Financial Protection Bureau

CFPB Extends ‘Junk Fees’ Deadline After Receiving 25,000 Comments

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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FTC’s Complaint Against Payment Firm May Be Blueprint for CFPB  
FTC’s Complaint Against Payment Firm May Be Blueprint for CFPB  
March 16, 2022  |  CFPB

The Federal Trade Commission (FTC) announced on March 15 that it filed an administrative complaint against Electronic Payment Systems for allegedly opening credit card processing...

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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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CFPB’s Chopra: Biden Order Recognizes Digital Asset Markets’ ‘Profound Implications’
CFPB’s Chopra: Biden Order Recognizes Digital Asset Markets’ ‘Profound Implications’
March 09, 2022  |  Cryptocurrency

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra has commented on an executive order regarding cryptocurrency that President Joe Biden signed Wednesday (March 9) to...

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Medical Payments and Collections Draw Fire Amid Rising Healthcare Costs
Medical Payments and Collections Draw Fire Amid Rising Healthcare Costs
March 02, 2022  |  Healthcare

Rising healthcare prices and often aggressive collections attempts are making news as the nation’s medical debt problem mounts, spurring public and private sector responses. Get...

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CFPB: Americans Trapped in $88B Medical Billing “Doom Loop”
CFPB: Americans Trapped in $88B Medical Billing “Doom Loop”
March 01, 2022  |  Healthcare

The American healthcare system is held up by a billing, payments, collections and credit reporting infrastructure riddled with mistakes, the Consumer Financial Protection Bureau (CFPB)...

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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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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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