Remember when the CFPB announced last year it would cap credit card late fees at $8? A typical late fee hovers around $32, so ...
The Consumer Financial Protection Bureau (CFPB) is allowing some offices to resume their functions, as the Trump administration faces a legal challenge over its stop work order and other efforts ...
The abrupt firing of Rohit Chopra, Consumer Financial Protection Bureau (CFPB) Director on February 1 and the swift appointment of Scott Bessent on February 3 have set in motion the rapid ...
In 2018, the Utah Division of Consumer Protection announced the Beehive State was receiving $10 millionfrom a settlement the CFPB negotiated with Wells Fargo. Peterson, while acknowledging the ...
A protester holds a sign supporting the Consumer Financial Protection Bureau. (Nathan Howard/Reuters) Ever since the Consumer Financial Protection Bureau opened in 2011 with a mandate to regulate ...
However, physical checks must be cashed within 60 days to remain valid. Despite agreeing to the settlement, USAA has not admitted any wrongdoing.
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Democrats defend the CFPB, citing the approximately $21 billion it has returned to harmed investors since its inception in 2010. Senate Banking Chair Tim Scott, R-S.C., and other Republicans ...
However, if there’s enough money left over at the end of payouts — meaning a big chunk of folks opt out of their settlement check — then another round of payments could hit claimants’ bank ...
In the wake of the 2008 financial crisis, the CFPB was created under the guise of being a watchdog for American consumers and as a line of defense guarding consumers from deceptive practices and ...
One of the CFPB's primary functions has been to take complaints from consumers and present them to financial institutions. It also goes after unfair, deceptive and abusive practices. Last year ...
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Families urged to check if they're due free cash after ‘unfair overdraft’ settlement left bank paying out $4.5mThe payout comes after the bank with locations across the country agreed to a settlement following a legal claim that it had ...
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