CFPB

CFPB Sues Comerica Bank Over Handling of Federal Benefits Program

CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
December 06, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sued Comerica Bank Friday (Dec. 6), alleging that the bank committed violations that include hanging up on customer service calls and...

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CFPB Files Proposed Settlement With Student Lender Climb Credit
CFPB Files Proposed Settlement With Student Lender Climb Credit
December 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has filed a proposed order for settling its lawsuit against student lender Climb Credit and its investors, including 1/0....

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CFPB Ombudsman’s Office Fields Record Number of Inquiries in FY2024
CFPB Ombudsman’s Office Fields Record Number of Inquiries in FY2024
December 05, 2024  |  CFPB

The Consumer Financial Protection Bureau’s (CFPB) Ombudsman’s Office received a record number of inquiries in fiscal year 2024. Get the Full Story Complete the form...

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CFPB Begins Largest-Ever Distribution to Victims in ‘Advance Fee’ Case
CFPB Begins Largest-Ever Distribution to Victims in ‘Advance Fee’ Case
December 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has begun distributing $1.8 billion to 4.3 million consumers a year after securing a legal judgment saying that companies...

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CFPB Aims to Ban Student Loan Pro From Offering Financial Products
CFPB Aims to Ban Student Loan Pro From Offering Financial Products
December 04, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has taken action to permanently ban Student Loan Pro and its owner, Judith Noh, from offering or providing consumer...

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New CFPB Proposed Rule Would Restrict Data Brokers’ Reach
New CFPB Proposed Rule Would Restrict Data Brokers’ Reach
December 03, 2024  |  CFPB

As the year draws to a close, the end of 2024 has been marked by a flurry of rule-making by the Consumer Financial Protection Bureau...

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Trump Considering ‘Pretty Significant’ Changes to CFPB
Trump Considering ‘Pretty Significant’ Changes to CFPB
November 24, 2024  |  CFPB

President-elect Donald Trump and congressional Republicans are reportedly considering sweeping changes to the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form...

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Final CFPB Rule Expands Oversight of Big Tech’s Payments Ambitions 
Final CFPB Rule Expands Oversight of Big Tech’s Payments Ambitions 
November 21, 2024  |  Regulation

The payment ambitions of the largest, marquee names in technology now will come under greater scrutiny at the federal level. Get the Full Story Complete...

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CFPB: Student Loan Servicers’ Autopay Errors ‘Completely Unacceptable’
CFPB: Student Loan Servicers’ Autopay Errors ‘Completely Unacceptable’
November 19, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is seeing cases in which student loan servicers are withdrawing incorrect amounts from borrowers’ bank accounts and making other...

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