Consumer Financial Protection Bureau

CFPB Rule Spotlights Value of Tech-Driven Data Collection in Small Business Lending 
CFPB Rule Spotlights Value of Tech-Driven Data Collection in Small Business Lending 
March 30, 2023  |  Loans

New rules released by the Consumer Financial Protection Bureau on Thursday will change small business lending. And for the lenders — banks and non-banks —...

READ MORE >
CFPB Says States Can Extend Disclosure Laws to Commercial Financing
CFPB Says States Can Extend Disclosure Laws to Commercial Financing
March 28, 2023  |  Regulation

States can continue extending disclosure laws covering lending to businesses. The Consumer Financial Protection Bureau (CFPB) said in a Tuesday (March 28) preemption determination that such state laws are...

READ MORE >
CFPB Constitutionality Upheld With Appeals Court Win
CFPB Constitutionality Upheld With Appeals Court Win
March 23, 2023  |  CFPB

The Consumer Financial Protection Bureau has scored a legal victory ahead of its fateful Supreme Court case. A federal appeals court ruled Thursday (March 23)...

READ MORE >
Splitit: Standardization of Credit Reporting and Consumer Protection Will Help BNPL Scale
Splitit: Standardization of Credit Reporting and Consumer Protection Will Help BNPL Scale
March 22, 2023  |  Buy Now Pay Later

The exploding use of buy now, pay later (BNPL) needs to have some oversight governing that growth, Omri Flicker, chief legal and risk officer at...

READ MORE >
CFPB Wants Credit Card Companies to Be More Transparent About Product Info
CFPB Wants Credit Card Companies to Be More Transparent About Product Info
March 21, 2023  |  Credit Cards

The Consumer Financial Protection Bureau (CFPB) wants to help Americans find new, better credit cards. The bureau announced Tuesday (Mar. 21) upgrades to its survey of credit card issuers...

READ MORE >
CFPB Goes After Data Brokers
CFPB Goes After Data Brokers
March 16, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has begun an investigation into companies that track and collect consumer data. The watchdog group said it “wants to...

READ MORE >
CFPB Unearths Junk Fees in Mortgages and Auto Loans
CFPB Unearths Junk Fees in Mortgages and Auto Loans
March 08, 2023  |  CFPB

America’s consumer protection watchdog says an examination has uncovered illegal fees in several industries. The Consumer Financial Protection Bureau (CFPB) announced Wednesday (March 8) that...

READ MORE >
CFPB Finds Most BNPL Users Are Not Financially Distressed
CFPB Finds Most BNPL Users Are Not Financially Distressed
March 02, 2023  |  BNPL

BNPL users have relatively few financial safety nets in place should they run into difficulties managing their obligations.   That’s an if and not a when,...

READ MORE >
CFPB Says Unneeded Fees Drain Public Benefit Payments
CFPB Says Unneeded Fees Drain Public Benefit Payments
March 02, 2023  |  CFPB

America’s financial watchdog says unnecessary fees are cheating retirees out of their benefits. In its latest salvo against unwanted fees, the Consumer Financial Protection Bureau...

READ MORE >