CFPB

CFPB Rule On Arbitration Possibly To Be Overturned
CFPB Rule On Arbitration Possibly To Be Overturned
September 27, 2017  |  CFPB

The U.S. Senate is expecting to overturn a new ban on banks and credit card companies requiring customers to surrender their right to sue in...

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Nearly Half Of All Americans Have A Tough Time Paying Bills
Nearly Half Of All Americans Have A Tough Time Paying Bills
September 27, 2017  |  Financial Inclusion

A new survey released by the Consumer Financial Protection Bureau reveals some rather worrying truths about the financial well-being of the American consumer.  The survey...

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CFPB Action Against Equifax Imminent
CFPB Action Against Equifax Imminent
September 25, 2017  |  Security & Fraud

Add the Consumer Financial Protection Bureau to the list of federal agencies expected to punish Equifax for the massive security breach that exposed the personal...

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CFPB Cracks Down On Deceptive Lender Who Targeted 9/11 First Responders
CFPB Cracks Down On Deceptive Lender Who Targeted 9/11 First Responders
September 20, 2017  |  Security & Fraud

The Consumer Financial Protection Bureau announced Tuesday (Sept. 19) that it took action against Top Notch Funding and two individuals associated with the company. In...

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CFPB Could Have Gotten A Lot More In Fines From Wells Fargo
CFPB Could Have Gotten A Lot More In Fines From Wells Fargo
September 20, 2017  |  Security & Fraud

Last year, Wells Fargo faced fines of as much as $10 billion from the Consumer Financial Protection Bureau, but instead settled for a fraction of...

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When The Payday Lending Rule Drops, Opponents Are Ready To Attack
When The Payday Lending Rule Drops, Opponents Are Ready To Attack
September 19, 2017  |  CFPB

The new rules are coming for payday lenders, and opponents of those rules are readying themselves for what will likely be a fairly dizzying battle...

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Student Loan Collection Draws CFPB Attention And Ire
Student Loan Collection Draws CFPB Attention And Ire
September 19, 2017  |  CFPB

The CFPB laid down some serious fines on National Collegiate Student Loan Trusts and its debt collector, Transworld Systems, Inc. The firms were collectively ordered...

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Banks Raise Concerns Over CFPB Small Biz Loan Data Collection
Banks Raise Concerns Over CFPB Small Biz Loan Data Collection
September 18, 2017  |  B2B Payments

The Consumer Financial Protection Bureau is preparing to collect data on how lenders work with women-owned, minority-owned and small businesses (SMBs), but the American Bankers...

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Why Regulation Won’t Fix Credit Reporting Agencies
Why Regulation Won’t Fix Credit Reporting Agencies
September 18, 2017  |  Regulation

Some of the most memorable television commercials of the 1970s and 1980s were those promoting E. F. Hutton’s brokerage services. When its tagline, “When E....

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