A U.S. lawsuit against financial firm Think Finance alleged the firm deceived borrowers into repaying loans they did not owe. The CFPB's victims relief fund will disburse $384 million to 191,000 ...

Payments to consumers harmed by Think Finance's practices will be sent out beginning on May 14, the agency said. Those who think they are eligible can find more details at the CFPB's website .

The Consumer Financial Protection Bureau (CFPB) has distributed more than $384m to about 191,000 consumers harmed by Think Finance. The Texas-based online lender deceived borrowers into repaying loans ...

However, the CFPB says that many workers become dependent on these products. The fees average $3.18 per advance, which may seem trivial, but that can add up for people who get advances every week ...

In contrast to acting Director Mick Mulvaney's pro-industry, deregulatory stances, the Consumer Financial Protection Bureau has lately wielded a lot more of its regulatory clout. The agency has ...

For more information about how the CFPB works and why it matters to everyday consumers’ financial lives, check out this video interview with Richard Cordray, former director of the CFPB and ...

TOMPOR: Well, I think the first concern is, of course, President Trump had a first administration, and the CFPB was a much-diluted organization or agency. Wasn't as active, but it still existed.