The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually,...
T-minus five days and counting. That’s how many days are left for the public to comment on the CFPB’s draft payday lending regulations. First proposed in...
The Consumer Financial Protection Bureau said on Tuesday (Sept. 27) that it has taken action against an online lender, LendUp, with fines levied of $1.8...
The Consumer Financial Protection Bureau (CFPB) announced on Friday (Sept. 23) it filed a lawsuit in federal district court against credit repair company Prime Marketing...
In a move that may add insult to injury, the online lending sector may have to gird for more regulation amid the stings of rather...
Prepaid cards are popular, for sure. They’re used for shopping or just to draw out funds from an ATM machine, and they’re hooked up to payment...
The Consumer Financial Protection Bureau will not be able to spend much time savoring its victory against Wells Fargo and the huge $185 million settlement...
In the midst of swirling controversy tied to sham accounts at Wells Fargo, CEO John Stumpf has said he intends to keep his position at...