Consumer Financial Protection Bureau

It’s Time To Reset Consumer Financial Protection
It’s Time To Reset Consumer Financial Protection
November 28, 2016  |  CFPB

Consumers definitely need consumer financial protection. They are preyed upon by providers looking to make money on folks who are gullible, innumerate or just not...

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CFPB Sues Payment Processor
CFPB Sues Payment Processor
June 07, 2016  |  CFPB

After mounting complaints from both banks and consumers about unauthorized withdrawals and other illicit activities, the accused payment processor is being taken to court. The...

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Credit Reporting Errors Fill CFPB’s Complaint Snapshot (Again)
Credit Reporting Errors Fill CFPB’s Complaint Snapshot (Again)
May 25, 2016  |  CFPB

This month’s consumer complaint snapshot, released by the Consumer Financial Protection Bureau on Tuesday (May 24), shows credit reporting issues remain a serious pain point for...

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CFPB Goes After Student Loan Debt Relief Scheme
CFPB Goes After Student Loan Debt Relief Scheme
March 16, 2016  |  CFPB

The Consumer Financial Protection Bureau announced on Tuesday (March 15) that it is taking action to bring down a student debt relief scheme that illegally charged...

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CFPB Takes Online Payday Lender To Court
CFPB Takes Online Payday Lender To Court
August 05, 2015  |  News

The Consumer Financial Protection Bureau (CFPB) announced yesterday (August 4) its plans to sue NDG Enterprise, an offshore payday lender, for illegally collecting money consumers...

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CFPB Suit Accuses Loan Company Of Targeting Low-Income Residents
CFPB Suit Accuses Loan Company Of Targeting Low-Income Residents
April 15, 2015  |  News

A former H&R Block tax preparer and a refund-anticipation loan company in New Mexico that allegedly cheated poor Navajo residents out of a quarter-million dollars...

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CFPB: Mandatory Arbitration Clauses Favor Banks
CFPB: Mandatory Arbitration Clauses Favor Banks
March 23, 2015  |  News

The Consumer Financial Protection Bureau may be preparing to ban mandatory arbitration clauses in consumer finance agreements, Bloomberg News reported on Friday (March 20). That’s...

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