Consumer Financial Protection Act news and trends

CFPB Seeks to Stop Financial Companies From ‘Weaponizing’ Fine Print
CFPB // January 13, 2025

The Consumer Financial Protection Bureau (CFPB) said Monday (Jan. 13) that it aims to stop financial companies from using fine print in contracts that results in customers waiving their legal rights or free speech. Get the Full Story Complete the form to unlock this article and...

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

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 disputes and included incorrect information on credit reports. Get the Full Story Complete the form to unlock this article and...

CFPB Penalizes Freedom Mortgage for Incentives to Real Estate Brokers
CFPB // August 17, 2023

The Consumer Financial Protection Bureau (CFPB) has taken action against Freedom Mortgage Corp. for engaging in illegal activities related to mortgage loan referrals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

CFPB Looks to Give Consumers More Control Over Their Data
CFPB // October 27, 2022

The Consumer Financial Protection Bureau (CFPB) is looking at ways to give consumers more control over their financial data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Quick Reads
National Collegiate Student Loan Trusts to Settle CFPB Allegations of Illegal Debt Collection

January 16, 2025
The Consumer Financial Protection Bureau (CFPB) and the National Collegiate Student Loan Trusts have filed a proposed stipulated judgment to resolve the regulator’s lawsuit alleging that the trusts had illegal debt collection practices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no […]

CFPB Seeks to Stop Financial Companies From ‘Weaponizing’ Fine Print

January 13, 2025
The Consumer Financial Protection Bureau (CFPB) said Monday (Jan. 13) that it aims to stop financial companies from using fine print in contracts that results in customers waiving their legal rights...

CFPB Sues Experian, Alleging Improper Investigations of Consumer Complaints

January 07, 2025
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 disputes and included incorrect information...

CFPB Penalizes Freedom Mortgage for Incentives to Real Estate Brokers

August 17, 2023
The Consumer Financial Protection Bureau (CFPB) has taken action against Freedom Mortgage Corp. for engaging in illegal activities related to mortgage loan referrals. Get the Full Story Complete the form...