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Save the date: Banking on Campus

Join us for a discussion on financial products marketed to college students: 1 p.m. EDT Monday, September 30 Washington, D.C. Earlier this year, we published a notice asking about student checking accounts, debit cards, and other financial products. We heard from students, schools, and financial institutions about a range of issues. At the forum, we’ll […]

Published Category: At the CFPB

Reserve la cita: Acompáñenos para una reunión de la Junta Consultiva de Consumidores en Itta Bena, Mississippi

Acompáñenos para la Junta Consultiva de Consumidores y una reunión con el Director de la Oficina para la Protección Financiera del Consumidor, Richard Cordray, donde discutiremos las estrategias innovadoras para mejorar el acceso a los recursos de crédito y las finanzas. 11:00 a.m. CST Miércoles, 18 de septiembre Mississippi Valley State University (Auditorio) 1400 Highway […]

Published Category: At the CFPB

Save the date: Join us for a Consumer Advisory Board meeting in Itta Bena, Mississippi

Join us for a Consumer Advisory Board meeting with Director Cordray where we will discuss innovative strategies for improving consumer access to credit, information, and financial resources. 11 a.m. CST Wednesday, Sept 18 Mississippi Valley State University (Social Science Building Auditorium) 1400 Highway 82 West Itta Bena, MS 38941 Director Cordray will give remarks and […]

Published Category: At the CFPB

A federal partnership to increase financial capability for workers with disabilities

We know that individuals with disabilities often face barriers and challenges in moving toward economic security and self-sufficiency. That’s why we’re committed to making sure that these individuals have the help and support they need to begin planning and saving for their financial goals. Over the past year, our team has traveled across the country; […]

Published Category: Info for consumers

December in August

August is usually a time when military families are wrapping up duty station moves, squeezing in summer vacations, and getting the kids enrolled in school. The hazy days of summer are not exactly the time when military parents (or kids) are thinking about December holiday wish lists, door-buster sales, and gift wrapping. But, believe it […]

Published Category: Policy & Compliance

Updates to remittance transfer rule resources and a correction to the rule

We strive to make financial markets work for both consumers and the entities we regulate. Critical to that goal is making sure that businesses – both small and large – have what they need to understand and comply with our new regulations, which are designed both to help consumers and make a fair playing field […]

A closer look at the trillion

A few weeks ago, we released new estimates on the size of the student loan market, which is approaching $1.2 trillion, with federal student loans crossing the $1 trillion mark. While there’s been a lot of discussion about changes to federal student loan interest rates on new loans, many of you have asked: what’s happening with the trillion that’s already been borrowed? We took a closer look and here’s what we found.

What we’re hearing from private student loan borrowers

Today, we released a mid-year update analyzing complaints from private student loan borrowers. The update explores some of the challenges consumers face when dealing with their lenders and servicers. Last October, we published a report that detailed problems reported by borrowers. We found that student loan borrowers expressed frustration about their lack of repayment options […]