In 2020, the CFPB issued new rules to help ensure borrowers can afford the mortgages they take on. To ensure consumers have the options they need, the CFPB will extend the mandatory compliance deadline for the Qualified Mortgage rules until July 1, 2021.
Homeowners facing hardship from the COVID-19 pandemic have expanded access to protections from the federal government. Learn how you can protect your home.
Romance scams can happen to anyone, including those who are looking for connection during the pandemic. Learn how to spot, avoid, and report this type of scam.
Moving forward, the Division of Consumer Education and External Affairs should redouble its efforts to ensure the Bureau engages all consumers who are economically suffering.
The Consumer Financial Protection Bureau is proud to launch an effort to recruit attorneys at all experience levels to join our team.
Learn why you should file your taxes in 2021, and how the IRS’ “lookback rule” allows you to use 2019 or 2020 income to get the most out of your Earned Income Tax Credit or Child Tax Credit.
The Bureau is working hard to address housing insecurity, promote racial equity, and protect small businesses’ access to credit
In furtherance of our mission, I have directed the Division of Research, Markets, and Regulations (RMR) to take some immediate actions, and I want to share my directions publicly.
Algunos propietarios de vivienda que tengan problemas para pagar su hipoteca ahora tendrían un poco más de tiempo para buscar ayuda.
Financial relief and protections for many student loan borrowers, renters, and homeowners has been extended. Here’s what you need to know.
Your consumer reporting records affect your ability to get a loan, a job, an apartment, and other essentials of life. But, do you know where and how to request your consumer reports and what you can do once you order them? Find out in our list of consumer reporting companies!
The Bureau is taking much-needed action to protect consumers, particularly the most economically vulnerable
Last week, I was honored to have been appointed Acting Director of the CFPB by the President. Having joined the Bureau in 2011, I have seen firsthand the impact of the Bureau’s mission and the incredible work being done by its staff. I know that the Bureau’s staff shares my devotion to the Bureau’s mission, and I look forward to serving in this latest capacity.
Many people are considering early retirement, tapping into their retirement benefits, including Social Security and pensions, earlier than expected. Here are resources to help you weigh your options and to get additional help.
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.
A CFPB-led research experiment suggests that people seek to find balance between paying off debt and having savings.
I am pleased to announce that the Bureau has published the “Statement Regarding the Provision of Financial Products and Services to Consumers with Limited English Proficiency.” The Statement provides principles and guidelines to inform and assist financial institutions seeking to better serve LEP consumers in non-English languages.
During the pandemic, we’re doing more online. Scammers are preying on this by offering phony tech support services. Learn how to spot, avoid, and report tech support scams.
Durante la pandemia, pasamos más tiempo conectados en línea, por ello debe estar alerta con estafadores quienes ofrecen asistencia técnica fraudulenta. Tome consejos del CFPB sobre cómo descubrir, evitar y reportar una estafa.
These advisory committees provide us with information about emerging trends and practices in the consumer financial marketplace. Apply today to become a member.
A new law provides relief for renters and extends the CDC’s Order to protect many people who can’t pay their rent from eviction through January 31, 2021.
In this update to our May 2020 report examining the effects of the COVID-19 Pandemic on credit applications, we find that credit card inquiries were still 30 percent below their pre-pandemic levels in September, while auto loans were depressed by 20 percent.
Some homeowners struggling to pay their mortgage now have a little extra time to seek help.
We use the Bureau’s Making Ends Meet survey to study whether financially vulnerable consumers have turned to credit card debt during the coronavirus pandemic. We find that credit card debt fell even for consumers who were financially vulnerable before the pandemic.
As a result of the economic uncertainty caused by the COVID-19 pandemic, scammers may be targeting older homeowners through reverse mortgage schemes. Learn how to spot and avoid these reverse mortgage scams.
CFPB’s Section for Students and Young Consumers released new podcast episodes. Subscribe today.
Under the Regulatory Flexibility Act, federal agencies must publish regulatory agendas twice a year. As an independent regulatory agency, we have been voluntarily participating in the Unified Agenda, which is led by the Office of Management and Budget (OMB).