CFPB

CFPB Charges Wells Fargo Over Student Loan Servicing Practices
CFPB Charges Wells Fargo Over Student Loan Servicing Practices
August 23, 2016  |  CFPB

Wells Fargo may have recently announced a partnership with Amazon to give student loan borrowers a break, but when it comes to servicing its existing...

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CFPB Adds New Outside Consumer Experts To The Advisory
CFPB Adds New Outside Consumer Experts To The Advisory
August 22, 2016  |  CFPB

The Consumer Financial Protection Bureau (CFPB) announced on Friday (Aug. 19) the addition of new consumer experts from outside the federal government to the Consumer...

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Tune In To Payments Reality Check!
Tune In To Payments Reality Check!
August 22, 2016  |  Payment Methods

“Reality Check” was a TV show that aired in 1995 about a couple of kids who moved into a house and found a computer that...

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CFPB Report Shows Servicers Make It Hard To Get An Income-Driven Student Loan Repayment
CFPB Report Shows Servicers Make It Hard To Get An Income-Driven Student Loan Repayment
August 19, 2016  |  CFPB

Income-driven repayment plans for federal student loan borrowers may not be as great as they are billed. That’s according to the Consumer Financial Protection Bureau...

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New CFPB Supervision Head Under Fire
New CFPB Supervision Head Under Fire
August 18, 2016  |  CFPB

Controversy is swirling around a recent appointment to one of the top positions at the Consumer Financial Protection Bureau, and as American Banker reported on Wednesday (Aug....

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CFPB Uses “Mystery Shoppers” To Target Bank Lending Practices
CFPB Uses “Mystery Shoppers” To Target Bank Lending Practices
August 18, 2016  |  Regulation

Redlining refers to an unfortunate practice of the late 20th century when banks and realtors would conspire to make it harder for certain buyers –...

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Senators Call On CFPB To Quickly Finalize A Rule On Arbitration Clauses In Financial Services
Senators Call On CFPB To Quickly Finalize A Rule On Arbitration Clauses In Financial Services
August 05, 2016  |  News

The Consumer Financial Protection Bureau is facing calls from close to 40 U.S. Senate Democrats, who want the government agency to finalize its proposed rule...

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Credit Card Companies Still Confusing Customers, CFPB Contends
Credit Card Companies Still Confusing Customers, CFPB Contends
July 28, 2016  |  CFPB

The Consumer Financial Protection Bureau, which was established in July 2011 on the heels of the financial crisis, has long tried to get credit card...

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CFPB Drops New Debt Collection Rules
CFPB Drops New Debt Collection Rules
July 28, 2016  |  News

After nearly 40 years without change, the CFPB has dropped new regulations today that will rein in the practices of debt collectors nationwide. The long...

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