The Federal Trade Commission (FTC) has announced a new law enforcement initiative targeting operations seeking to defraud small businesses. In partnership with the offices of...
Last week, Apple changed its App Store rules to limit how developers use information about iPhone owners’ contacts. According to Bloomberg, the change closes a...
After PHH Corp.’s appeal of a $109 million penalty caused a legal battle over the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) structure, agency...
U.S. consumer watchdogs have expressed concern over the possible appointment of Andrew Smith as the next director of the Federal Trade Commission’s Bureau of Consumer...
A restructure of the Consumer Financial Protection Bureau (CFPB) has ended all functions of its student lending office, except for consumer education. According to American Banker,...
Virginia is suing one of the largest online lenders in the U.S. after reportedly charging Virginians millions in interest and fees. In a lawsuit, the state...
Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau (CFPB), said that the agency will likely shut down its public complaint database. As...
LendingClub, the online lender that was once a favorite of Wall Street investors, saw its stock hit a record low on Wednesday (April 25) after...