The CFPB has proposed a $2.25 million compensation for borrowers against the National Collegiate Student Loan Trusts for improper debt collection practices. The judgment, pending approval ...

In 2022, the CFPB said it spotted violations across some ... The agency alleged that the bank had improperly denied mortgage loan modifications, miscalculated fees, unfairly froze consumer ...

It is important to maintain a healthy credit score so that you can get your desired deal on the loan. Credit score is extremely important as it portrays your creditworthiness as well as reflects ...

As the Trump administration prepared to take power in Washington, D.C., the Consumer Financial Protection Bureau (CFPB) wasted no time. In the two months leading up to the inauguration ...

President Donald Trump’s team has suggested it will be less restrictive in its approach to regulation. Biden’s CFPB director, Rohit Chopra, has refused to announce a resignation date for his exit, ...

The CFPB found Equifax ignored consumer documents ... most adult consumers and sells that data to its customers in the form of consumer reports that are used by lenders, employers, landlords ...

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However, one relatively small but powerful agency, the Consumer Financial Protection Board (CFPB), is doing the opposite. The CFPB is tasked with the worthy goal of helping represent consumers in ...

and used flawed software code which led to inaccurate consumer credit scores," according to the CFPB's order. Credit reports are a ledger of consumers' borrowing records, such as loan payment ...

On Friday, the CFPB issued a consent order that found Equifax, based in Atlanta, ignored documents and evidence that consumers submitted to dispute information on their credit report, as well as ...