The main responsibilities of a payee are to use the benefits to pay for the current and foreseeable needs of the beneficiary and properly save any benefits not needed to meet current needs
The CFPB is working on a tool to help colleges strike deals with banks that don’t stick students with high fees and skimpy features.
The Consumer Financial Protection Bureau alleges Sprint collected hundreds of millions of dollars in unauthorized third-party charges from cell phone customers.
The CFPB has an unlikely supporter of its proposal for tighter prepaid card regulations — Green Dot, the issuer of one of the most recognized prepaid cards in the country.
There’s a loophole in the law that protects your bank debit card against errors, fraud and lost cards, and those protections don’t apply to most prepaid cards.
The CFPB is implementing a new rule that will allow certain banks and credit unions to stop sending privacy disclosures via standard mail. Do you understand your bank’s privacy policies?
The Michigan-based bank is paying the price for breaking the CFPB’s new mortgage-servicing rules.
The news that an auto finance company distorted consumer credit records for years is a good reminder to check your credit report regularly.
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.