CFPB

CFPB
Consumers Complaining About Debt Settlement, Check Cashing, Says CFPB
November 30, 2016

The CFPB said Tuesday (Nov. 29) that it released its monthly snapshot spotlighting consumer complaints, and the highest levels of complaints focused on debt settlement and check cashing services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

CFPB
It’s Time To Reset Consumer Financial Protection
November 28, 2016

Consumers definitely need consumer financial protection. They are preyed upon by providers looking to make money on folks who are gullible, innumerate or just not paying attention. Fraud and deception are all too common. Get the Full Story Complete the form to unlock this article...

CFPB
CFPB Sues Company That Scammed Lead Paint Poisioning Victims
November 22, 2016

The Consumer Financial Protection Bureau said Monday (Nov. 21) that it filed a suit against Access Funding, alleging an illegal scheme that scammed lead paint poisoning victims. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB
Consumer Financial Protection Bureau Intensifies Land Contract Inquiry
November 15, 2016

The nation’s top consumer advocacy watchdog, the Consumer Financial Protection Bureau (CFPB), is intensifying its investigation into high-interest seller-financed home sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

CFPB
The Trump Administration: The Good, The Bad and The Possible
November 11, 2016

Now that the simple surprise factor has worn off and Americans and global markets have started getting their heads around the idea of President Donald J. Trump, the inevitable question coming is “now what?”  Everyone understands that Trump won, of course — but the pressing question...

CFPB
CFPB And NY AG Announce Lawsuit Over Debt Collection Scheme
November 03, 2016

The Consumer Financial Protection Bureau announced Wednesday (Nov. 2) that it, along with the New York Attorney General, launched a lawsuit against what it said are the leaders of a “massive debt collection scheme” based in Buffalo, New York. Get the Full Story Complete the...

CFPB
When Prepaid Goes Wrong: CFPB Publishes Most Common Consumer Complaints
October 26, 2016

A new month, a new batch of complaints to the CFPB from consumers. 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 to our daily newsletter, PYMNTS Today....

CFPB
CFPB Aims To Work Closely With FinTechs To Evolve The Industry
October 25, 2016

The Consumer Financial Protection Bureau (CFPB) released a report Monday (Oct. 24) showcasing several market developments that could help consumers. In its report, dubbed “Project Catalyst report: Promoting consumer friendly innovation,” the CFPB said developments from FinTech startups, as well as traditional financial services companies,...

One-Third Of Student Loans Could Default, According To The CFPB
October 18, 2016

One in three rehabilitated student loans borrowers will default — again — within two years. That’s according to a new report out from the Consumer Financial Protection Bureau’s (CFPB) Student Loan Ombudsman. Get the Full Story Complete the form to unlock this article and enjoy...