CFPB

The CFPB Sets Its Sights On Marketplace Lending
The CFPB Sets Its Sights On Marketplace Lending
April 28, 2016  |  CFPB

The CFPB has its eye on the biggest marketplace lenders in the U.S., and it is leaning toward bringing those online businesses under its supervision...

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CFPB Says Consumers Complain About Credit Reporting Agencies
CFPB Says Consumers Complain About Credit Reporting Agencies
April 27, 2016  |  CFPB

U.S. consumers logged growth in complaints to the CFPB, especially focused on debt collectors. Mortgages remain a problem in terms of accurate and timely communication...

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CFPB Ends Law Firm’s Deceptive Debt Collection Suits
CFPB Ends Law Firm’s Deceptive Debt Collection Suits
April 26, 2016  |  CFPB

The Consumer Financial Protection Bureau said on Monday (April 25) that it ordered the debt collection law firm Pressler & Pressler, two principal partners and...

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PYMNTS Payday Lending Primer
PYMNTS Payday Lending Primer
April 26, 2016  |  Alternative Finances

Fans of television – or more accurately, fans of television tropes are probably familiar with the concept of “The Berserk Button.” The Berserk Button in...

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CFPB Arbitration Ban Proposal Hearing Set For May 5
CFPB Arbitration Ban Proposal Hearing Set For May 5
April 25, 2016  |  CFPB

The Consumer Financial Protection Bureau is readying its final rule proposal with an eye on limiting arbitration clauses, in a move that is expected to...

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Why Regulators’ War On Fees Will Kill Consumers
Why Regulators’ War On Fees Will Kill Consumers
April 25, 2016  |  CFPB

Free. What can be better than free? “Free” is so alluring that songwriters have created a boatload of songs about the concept. Prince, who sadly...

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Fast EMV, Mobile Starbucks And Under-Fire Payday Lending
Fast EMV, Mobile Starbucks And Under-Fire Payday Lending
April 25, 2016  |  Point of Sale

Last week in payments was notable for having one of the more colorful beginnings and endings in recent memory. Following on the news that Alexander...

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CFPB Throws The Book At Payday Loan Aggregator
CFPB Throws The Book At Payday Loan Aggregator
April 22, 2016  |  Security & Fraud

The Consumer Financial Protection Bureau said on Thursday (April 21) that it had taken action against the cofounding duo of a company that resold loan...

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