The Office of Financial Empowerment announces 30 new partners selected to participate in Your Money, Your Goals training and expand the reach of financial empowerment tools and information to low-income consumers. The national launch report, released today, outlines the initial success of the Your Money, Your Goals initiative.
La delimitación ilegal: Acción del CFPB y del Departamento de Justicia requiere que el banco BancorpSouth pague millones de dólares a consumidores perjudicados
El banco BancorpSouth pagará $10.6 millones para responder al problema de la delimitación ilegal y otras alegaciones de discriminación, luego de que por primera vez el CFPB utilizara a personas encubiertas para ayudar a respaldar dichas alegaciones de discriminación.
Having access to a vehicle can be a lifeline for you and your family if you have limited resources. Before choosing an auto loan, learn four ways you can protect yourself from an auto loan you can’t afford.
BancorpSouth Bank will pay $10.6 million to address redlining and other discrimination claims. After, for the first time, we used undercover testers to help support claims of discrimination.
Twenty new social services, legal aid, and volunteer organizations are joining with CFPB to train staff and volunteers on Your Money, Your Goals. You can learn to lead Your Money, Your Goals workshops in your organization or community by joining us on a train-the-trainer webinar.
Our job is to empower consumers by providing them with the information they need to make the best financial decisions for themselves and their families. As part of our mission to protect and empower all consumers, we’re launching ROADS (Reach Outcomes. Achieve Dreams. Succeed) to Financial Independence – a first-of-its-kind nationwide initiative to provide financial counseling services to people with disabilities who are working or transitioning into the workforce.
Today, we’re excited to launch our financial coaching initiative. We’re cohosting the launch with the U.S. Department of Labor (DOL) and the event will take place at 11:30 a.m. EDT.
Income from the Section 8 Housing Choice Voucher Homeownership Program shouldn’t mean you don’t qualify for a mortgage
Everyone should be able to qualify for mortgages they can afford based on their stable income. Our reminder to mortgage lenders should help people who receive Section 8 HCV Homeownership Program vouchers receive fair and equal access to credit.
This expansion builds on the success of last year’s launch of Your Money, Your Goals. Since then, we’ve trained over 2,000 frontline staff in both public and private non-profit social service organizations.
Millions of consumers will now have access to credit scores and reports through nonprofit counselors
All three major credit reporting agencies (Experian, Equifax and TransUnion) will now allow nonprofit counselors to share credits reports, as well as the scores, with the consumer.