Review the Bureau’s accomplishments and resources for financial education and financial well-being
Free credit freezes and year-long fraud alerts are here, starting Sept. 21, 2018, thanks to a new federal law. Here’s what you should know.
Understand the key differences between two types of credit card financing promotions, and how to tell them apart.
We’re exploring the use of a list of companies that offer free credit
scores to their existing customers. Give us your input by commenting on the
Federal Register notice.
Take control of your financial life with these ten tools that can help you make choices at the grocery store, pay your credit card bill, and deal with debt. They can also prepare you for money decisions like buying a home or figuring out how to pay for college.
Ask CFPB is a
database of clear, impartial answers to hundreds of financial questions.
Before you give anyone your bank account number and permission to automatically withdraw money from your bank account on a regular basis, it’s good to know how automatic debits work, what to be careful about, and how to stop the automatic payments if you cancel the service or just change your mind about how you want to pay.
An estimated 43 million Americans are dealing with medical debt. Debt collection is the top complaint we’ve received since September 2013 and medical collections make up 52 percent of collection accounts on credit reports, far outpacing all other types of debt. Learn more about how you can keep medical debt in check.
Home Depot has confirmed that there has been a breach of its payment data systems. According to the company, the breach could potentially impact any customer that has used their card for payment at a Home Depot in the U.S. or Canada since April 2014. Here’s what you can do to protect yourself if you spot unauthorized charges.
We just published our second annual financial literacy report to Congress. It outlines our strategy and what we’ve done over the past year to enhance financial literacy and capability. In the report, you’ll find out about the tools and information we provide to help consumers navigate financial choices. Read more to see what we’re doing for financial literacy.
If you’re trying to correct an error in your credit report at one of the nation’s largest credit reporting companies, there is some good news. Some credit reporting companies are helping to make it easier for you to explain your dispute. Read more about disputing errors.
The recent data breach and theft of credit and debit card information at Target retail stores could impact tens of millions of consumers, and we want to let you know what you can do to protect yourself if you spot fraudulent charges. Here’s what you can do if you think your credit or debit card data was hacked.
The most important thing you can do when you’re having trouble paying your mortgage is take control. There is nothing worse than doing nothing. Read more to see what steps you can take.
Here’s what you need to know about Qualified Mortgages, which are sometimes called just QMs. Qualified Mortgages are based on some common-sense ideas.
Our first financial literacy report to Congress discusses our approach to financial literacy and the work we’ve done to help consumers make better informed choices about their personal finances and achieve financial goals.
Today we announced how lenders can take steps to prevent discrimination in auto lending, but there are also steps that every consumer can take to make it more likely that they are getting a good deal on a car loan. If you’re shopping for a car loan, you’re not alone. The average loan for a new car is up to $26,691 – making auto loans an important decision for consumers. Read more»
When you’re activating a new credit card, watch for “the pitch.” When you call to activate a new credit card, you may be routed to representatives who try to sell you things like “credit protection” or “identity monitoring” to add to your account. These services, or “add-on products,” are additional, optional services that will cost […]
There are certain occasions in everyone’s life when one decision can have long-lasting effects. How will you pay for college? Which mortgage should you choose? Where will you turn when you need credit? When will you start saving for retirement? How you answer these questions and others like them can profoundly impact your financial future. […]
This week is National Consumer Protection Week. The Consumer Financial Protection Bureau and other federal agencies participate in this week to help consumers safely navigate the markets for consumer products and services. This means also providing consumers with tools and resources to help them make better-informed decisions when confronted with an often-dizzying array of options. […]
As we begin our inquiry into overdraft practices, we’ve issued a consumer advisory on overdraft coverage and fees. Institutions can’t charge you for overdrafts on ATM or point-of-sale debit card transactions unless you have opted in. Knowing your status can help you decide what’s best for you.
Gail Hillebrand, our Associate Director for Consumer Education and Engagement, suggests four simple ways you can reduce or eliminate overdraft fees.
As we work to ensure a consumer bureau that’s responsive to today’s most pressing problems, we’ve made it a priority to keep one foot firmly planted outside the Beltway. We know that those of us here in Washington will never understand what’s going on in your community better than you do. That’s why we continue […]
Today is Take Our Daughters and Sons to Work Day! This day is partly about the fun children can have in seeing your workplace, but it is also a chance for them to think about the future. Money skills are part of that future. Whether or not you take your children to work today, think […]
I’ve just joined the CFPB as the Associate Director for Consumer Education and Engagement. I come from outside Washington, D.C., and from outside government. I moved across the country to do this job because, like my colleagues, I believe in the mission of the CFPB. That mission is to promote a fair, transparent, and competitive […]