The bureau is seeking restitution for Corinthian Colleges students allegedly harmed by a predatory lending scheme.
The bureau is warning financial institutions against deceptively marketing interest rate promotions.
The news that an auto finance company distorted consumer credit records for years is a good reminder to check your credit report regularly.
The CFPB says First Investors knowingly provided inaccurate information to credit bureaus.
Add the CFPB to the list of agencies warning consumers about the perils of cryptocurrencies.
CFPB warns schools about a lack of transparency in their agreements with banks to market products to students.
The Consumer Financial Protection Bureau again has raised concerns about overdraft protections at banks, today releasing a report that says small debit card purchases lead to expensive overdraft fees. “Today’s report shows that consumers who opt in to overdraft coverage put themselves at serious risk when they use their debit card,” CFPB Director Richard Cordray
The CFPB wants to hear consumers’ complaints about prepaid cards and other nonbank products
In a move that could create further tension with banks but generate popularity with consumers wanting to vent, the Consumer Financial Protection Bureau is proposing publishing more information on consumer complaints against banks. In particular, the CFPB wants to give customers the ability to publicly publish narratives of their experiences with a financial company. It
The Consumer Financial Protection Bureau is suing a Georgia-based firm for allegedly churning out debt collection law suits.