American Banker reported Thursday (Nov. 5) that TCF Financial may be in the crosshairs of legal action via the Consumer Financial Protection Bureau, centered on...
The CFPB found itself in the middle of another brouhaha last week, this time over allegations by a government watchdog group that congressmen who’ve tried...
The prepaid debit card company announced yesterday (Oct. 29) that it plans to reimburse customers who lost money during a technical glitch earlier this month...
In the wake of continued difficulties prepaid RushCard holders have had accessing their funds, Consumer Financial Protection Bureau Director Richard Cordray weighed in on the...
The CFPB has unveiled proposals that would let consumers band together in class action suits against lenders. That would eliminate mandatory arbitration. Don’t expect the...