Ensuring servicemembers can protect themselves from unlawful financial practices
The CFPB and DOJ filed an amicus brief to help ensure that servicemembers can file lawsuits to enforce the Servicemembers Civil Relief Act.
Blog
Proteger militares de prácticas financieras ilegales | CFPB
La CFPB y el DOJ emiten escrito amicus curiae para asegurarse de que militares puedan demandar para hacer cumplir la Ley de Ayuda Civil a Miembros de las Fuerzas Armadas.
CFPB to distribute nearly $6 million to consumers harmed by predatory loans to veterans
In December, 264 consumers started receiving checks from a series of lawsuits involving four individuals who brokered illegal high-interest credit offers to veterans.
La CFPB distribuye casi $6 millones entre consumidores afectados por préstamos predatorios otorgados a veteranos
264 consumidores comenzaron a recibir cheques de las demandas contra individuos quienes negociaron ilegales ofertas de crédito con altos intereses a veteranos.
Servicemembers continue to face major financial challenges
The CFPB works to protect servicemembers in the financial market, engage military stakeholders, and monitor the market to identify risks to servicemembers, veterans, and military families.
Credit reporting companies should do more to ensure that servicemembers receive the free credit monitoring services they are legally entitled to
Active duty and National guard members are entitled to free electronic credit monitoring.
WARNO: They call themselves “coaches” or “consultants” and advertise their ability to assist you with your VA benefits claim but may not be accredited to practice before the VA
Seeking help from a VA-accredited attorney, claims agent, or VSO representative can ensure you receive assistance throughout the claims process with VA and avoid excessive fees.
Protecting the right of military families to go to court
The CFPB recently filed an amicus brief to ensure military families are able to sue creditors that violate the Military Lending Act.
Time is running out for student loan servicers to help servicemembers with student loans get debt relief
Student loan servicers with military borrowers should act quickly to identify and notify military borrowers about the PSLF Limited Waiver before October 31, 2022.
Protecting servicemembers from costly auto loans and wrongful repossessions
Servicemembers face unique challenges in the financial marketplace. The CFPB is working to protect servicemembers and military families from costly auto loans and wrongful repossessions.
Protecting servicemembers from abuses of the military allotment system
Servicemembers should guard against predatory lenders outside military bases, including those that require them to use the allotment system to repay loans.
New VA rule relieves financial distress for thousands of veterans with medical bills
Getting sick or injured can often result in a heavy financial burden, including mounting medical bills, aggressive debt collection and coercive credit reporting. Learn about the VA’s new rule to put patients first and how to protect against surprise medical bills.
Protecting servicemembers from predatory lending
This week CFPB partnered with other agencies to ensure that American servicemembers enjoy the full protections of the Military Lending Act.
Consumer Fraud Alert - Tips for avoiding VA home loan scams
A joint fraud advisory from the CFPB and VA on how to avoid common VA home loan scams.
Should you buy now and pay later?
Learn how Buy Now, Pay Later (BNPL) products work, and important details to help you decide whether or not to use them for purchases.
Dedicating July to military consumer protection
July is Military Consumer Month, and we are partnering with the FTC and DoD throughout the month to spotlight key financial issues impacting the military community.
The Office of Servicemember Affairs year in review: Working together to protect servicemembers, veterans, and military families
Today, we’re releasing our eighth annual report highlighting the activities of the Office of Servicemember Affairs as well as complaints and emerging issues facing the military community in the financial marketplace.
Money Smarts for Military Families
This blog highlights resources that servicemembers, military families and educators can use to teach children, teens, and young adults how to manage money.
New guide helps military families with unique financial challenges
Military families face unique financial challenges, especially during the coronavirus pandemic. The new Your Money, Your Goals military guide provides resources to help military families overcome these challenges and improve their financial well-being.
Listen to CFPB's new podcast episodes
CFPB’s Section for Students and Young Consumers released new podcast episodes. Subscribe today.
Federal tools to help maximize GI Bill® education benefits
GI Bill education benefits are not unlimited, so make sure you have a plan to use them wisely. The Department of Veterans Affairs’ GI Bill Comparison Tool, the Department of Education’s College Scorecard website, and the CFPB’s Your Financial Path to Graduation Tool can help.
Honoring and empowering those who served our nation
The CFPB honors and supports the military community during National Veterans and Military Families Month with new tools and resources.
Empowering military consumers–all year long
Military Consumer focuses on all aspects of consumer protection and financial well-being for the military community in July and beyond.
Closing remarks: Consumer Financial Protection Week
As Consumer Financial Protection Week comes to a close, the CFPB continues to be here for you with resources to explain your rights, options and protections during the coronavirus pandemic.
Alphabet soup: The ABCs of military consumer protection
Learn about the consumer protection laws that keep members of the military and their families safe from fraud, scams, and financial harm.