The Consumer Financial Protection Bureau is now taking complaints about online personal loans. Here’s what consumers have had to say.
The Consumer Financial Protection Bureau has asked a federal court to shut down a student debt-relief company that charged students millions of dollars in illegal upfront fees.
Odds are you’ve seen an appeal from your bank or credit union to switch from paper statements to electronic statements. But for customers on the wrong side of the so-called “digital divide,” paper statements remain an essential tool for managing their accounts, according to a new report.
The National Foundation for Credit Counseling recently launched a national student loan counseling program that aims to help millions struggling to repay.
The CFPB recently fined a “buy here, pay here” car dealer for abusive financing schemes, hiding auto finance charges and misleading consumers.
The CFPB says, “When employees choose a lump-sum payout instead of a monthly pension payment, the responsibility for managing and investing the pension money shifts from the employer to the employee.
An indirect auto finance company and its car title subsidiary are in trouble with the feds for illegal debt collection tactics.
Fifth Third Bank has discriminated against some minority borrowers by marking up car loan rates.
Honda will pay $24 million in restitution and change its car loan practices as the result of discrimination against certain borrowers.
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