The payout comes after the bank with locations across the country agreed to a settlement following a legal claim that it had ...
Remember when the CFPB announced last year it would cap credit card late fees at $8? A typical late fee hovers around $32, so ...
Trump's decision to stop work at the agency appears to have halted compensation, according to the Student Borrower Protection Center in Washington.
The Trump administration's decision to put the U.S. Consumer Financial Protection Bureau on ice has left a $100 million pot ...
The Trump Administration should be making every effort to strengthen the CFPB - but instead, you are undermining it," Warren and Schiff wrote. "Americans deserve a CFPB that will continue to stand ...
Elizabeth Warren, D-Mass. The CFPB's Consumer Complaint Program ‒ established in the 2010 Dodd-Frank Act that created the agency ‒ serves as a clearinghouse for consumers to submit complaints ...
"Eliminating the CFPB will hurt everyday people and benefit billionaires like Elon Musk and his friends," James said Thursday. "The CFPB has put billions of dollars back in the pockets of ...
Probably less. The settlement resulted in many mortgages sold to non-banks with incompetence and little expertise. A lot of the money CFPB collects in fines and fees ends up in a slush fund called ...
The CFPB’s case against the Los Angeles-based fintech firm has been ongoing since May 2024. While SoLo Funds brands itself as a third-party platform that connects borrowers to lenders with no ...
In May 2024, former President Joe Biden’s CFPB sued the company, alleging it was deceiving borrowers and illegally extracting fees. The app feature in question allows users to give a “tip” t ...