Upset about your credit card interest rate? The CFPB wants to hear from you
The CFPB is investigating credit APRs, and it wants consumers to comment on their rates, terms, and conditions.
Will Trump kill the CFPB? The bureau’s future is unclear under the new administration
The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.
CFPB fines Equifax $15 million over errors on credit reports
The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit ...
Biden's CFPB Goes Down Swinging In Blitz Of Rules. But How Many Will Survive Trump?
The consumer watchdog agency is closing out President Joe Biden's term with guns blazing, issuing new rules and regulations ...
Equifax hit with $15 million penalty from U.S. Consumer Financial Protection Bureau
Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.
Trump's second term could mean the downfall of the FDIC, CFPB: Here's what that means for consumers
Here’s what experts say about the possible closure of the Federal Deposit Insurance Corporation or the Consumer Financial ...
CFPB head braces for a potential dismissal after Trump’s return
Chopra remains one of the more important regulators from the Biden administration who's still on the job as Trump cleans house.
Opinion
Why Is Rohit Chopra Still Employed at the CFPB?
The Biden nominee is trying to pose as a friend of the little guy to keep his job under Trump.
JD Supra18h
CFPB should encourage states to educate consumers, not enact more UDAAP statutes
Earlier this month, the CFPB issued a report titled Strengthening State-Level Consumer Protection. The report argues, among other things, that states ...
CFPB to consider broader ban on declined payment fees
The Consumer Financial Protection Bureau withdrew a rule proposal barring bank fees on certain declined transactions. Its ...
Auto repossessions surpass pre-pandemic levels, CFPB report shows
CFPB Director Rohit Chopra pointed out that supply chain disruptions and higher interest rates have pushed up the costs of ...
American Banker13h
Auto repos by third-parties spiked after pandemic: CFPB
The Consumer Financial Protection Bureau found that auto lenders' use of reposession agents spiked to nearly 70% in 2022, up from 31% in 2018, resulting in higher costs for consumers.