CFPB

Are Payments Plans the Fix For Rampant Medical Debt Default?
Are Payments Plans the Fix For Rampant Medical Debt Default?
February 19, 2023  |  Healthcare

Some unpaid medical bills will disappear from credit reports. But the hit and miss of collections will continue to hurt providers and patients. As has...

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CFPB: Strong Labor Market and Pandemic Relief Drove Down Collections
CFPB: Strong Labor Market and Pandemic Relief Drove Down Collections
February 14, 2023  |  Debt

A strong labor market and pandemic relief programs helped consumers keep current on their bills. As a result, from 2018 to 2022, the total number...

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CFPB Warns of Mortgage Platform ‘Double Dealing’ as Rates Climb
CFPB Warns of Mortgage Platform ‘Double Dealing’ as Rates Climb
February 07, 2023  |  CFPB

The Consumer Financial Protection Bureau is warning Americans about “double dealing” by mortgage comparison-shopping platforms. “Companies operating these digital platforms appear to shoppers as if...

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Rep. McHenry Decries Biden’s Credit Card Late Fee Plan
Rep. McHenry Decries Biden’s Credit Card Late Fee Plan
February 02, 2023  |  Credit Cards

A leading House Republican says President Biden’s proposed credit card fee cap will hurt consumers. Announced by the Consumer Financial Protection Bureau (CFPB) Wednesday (Feb....

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Biden Calls for Cap on Credit Card Late Fees
Biden Calls for Cap on Credit Card Late Fees
February 01, 2023  |  Credit Cards

The Biden administration wants to cap what it calls excessive credit card late fees. The White House announced the plan Wednesday (Feb. 1) as part...

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CFPB Wants Information About Consumer Credit Cards
CFPB Wants Information About Consumer Credit Cards
January 24, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is asking consumers and others about their experiences with credit cards. The information is to be used in a...

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CFPB’s Busy 2023 Has Overdraft Fees, Financial Data on the Agenda
CFPB’s Busy 2023 Has Overdraft Fees, Financial Data on the Agenda
January 20, 2023  |  CFPB

Right out of the gate, the Consumer Financial Protection Bureau (CFPB) has had a busy 2023. The pace won’t slow as the year goes on,...

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Rally Fades and Platforms Plummet as FinTech IPO Index Loses 0.6%
Rally Fades and Platforms Plummet as FinTech IPO Index Loses 0.6%
January 20, 2023  |  Fintech Investments

For the FinTech IPO Index, the rally fizzled quickly. After a surge into the first few weeks of the new year — notably, double-digit gains...

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Auto-Renewal Warnings Drive More Subscription Firms to Data-Based LTV Strategies
Auto-Renewal Warnings Drive More Subscription Firms to Data-Based LTV Strategies
January 19, 2023  |  Subscription Commerce

Subscription businesses must do a better job of locking in loyalty and rely less on tactics like auto-renewals that regulators dislike. This, as the Consumer...

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