The CFPB is investigating credit APRs, and it wants consumers to comment on their rates, terms, and conditions.
Auto Repossession Rates Surpass Pre-Pandemic Levels as Financial Strain Hits Consumers, CFPB Reports
The CFPB reports a rise in auto repossessions in December 2022, surpassing pre-pandemic levels, and an increased use of third-party forwarders, raising costs for consumers.
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.
The Biden nominee is trying to pose as a friend of the little guy to keep his job under Trump.
In the waning days of the Biden Administration, the Consumer Financial Protection Bureau (CFPB) on Jan. 10, 2025, issued a proposed interpretive ...
ATLANTA, Ga. (Atlanta News First) - The Consumer Financial Protection Bureau (CFPB) this week ordered Equifax to pay $15 million for failing to conduct proper investigations regarding credit card ...
Trump’s ceremonial display of taking action and signing orders on his very first day might warrant a closer look for those in ...
A document circulated by the House Ways and Means Committee makes a number of suggestions for cutting federal spending, including revoking the federal tax exemption for credit unions and eliminating ...
Chopra remains one of the more important regulators from the Biden administration who's still on the job as Trump cleans house.
Earlier this month, the CFPB issued a report titled Strengthening State-Level Consumer Protection. The report argues, among other things, that states ...
The Consumer Financial Protection Bureau’s (CFPB) new rule banning medical debt from credit reports could see a delay and further reconsideration.
The CFPB estimates credit scores could jump by up to 20 points when medical debt disappears from reports. That impact can be ...
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