Blog | Consumer Financial Protection Bureau

Info for consumers

Published MAY 02, 2016

Usted tiene derecho a que lo traten de manera justa en el mercado financiero

El garantizar un acceso equitativo y anti-discriminatorio en el proceso de obtener crédito apunta a la esencia misma de la misión del CFPB de proteger a los...

By Patrice Alexander Ficklin

Info for consumers

Published APR 29, 2016

You have the right to be treated fairly in the financial marketplace

Ensuring fair and nondiscriminatory access to credit goes to the core of the Bureau's mission of protecting consumers and promoting openness in America's...

By Patrice Alexander Ficklin

At the CFPB Info for consumers

Published FEB 04, 2016

Prestatarios perjudicados por Ally reciben $80 millones en daños

En diciembre del 2013, junto con el Departamento de Justicia (DOJ) y en virtud de una orden de la corte federal, les ordenamos a Ally Financial Inc. y a...

By Patrice Alexander Ficklin

Fair lending

Info for consumers

Published JAN 29, 2016

Harmed Ally borrowers have been sent $80 million in damages

Today, harmed borrowers participating in the settlement were mailed checks by the Ally settlement administrator, totaling $80 million, plus interest. Here's...

By Patrice Alexander Ficklin

Info for consumers

Published OCT 21, 2015

El Banco de Ahorros Hudson City pagará $27 millones para aumentar el acceso al crédito en vecindarios mayormente afroamericanos e hispanos que discriminaba

Cuando usted está buscando una hipoteca, no debería tener que preocuparse por que lo discriminen. La Ley de Igualdad de Oportunidades de Crédito (ECOA, por...

By Patrice Alexander Ficklin

Info for consumers

Published OCT 07, 2015

Hudson City Savings Bank tendrá que pagar $27 millones para aumentar el acceso al crédito en vecindarios predominantemente negros e hispanos contra los que discriminaba

Cuando usted está buscando una hipoteca, usted no debería tener que preocuparse por que lo discriminen. La Ley de Igualdad de Oportunidades de Crédito...

By Patrice Alexander Ficklin

Info for consumers Policy and compliance

Published JUN 15, 2015

Ally settlement administrator will contact eligible borrowers soon

We found that between April 2011 and December 2013, Ally's markup policy resulted in African-American, Hispanic, Asian and Pacific Islander borrowers paying...

By Patrice Alexander Ficklin

Data, research, and reports

Published APR 28, 2015

We’re making progress toward ensuring fair access to credit

We're releasing our third annual Fair Lending Report, which details the important strides we have taken over the last year to protect consumers from credit...

By Patrice Alexander Ficklin

Policy and compliance

Published JUL 08, 2014

Ensuring equal treatment for same-sex married couples

On June 26, 2013, in United States v. Windsor, the U.S. Supreme Court struck down Section 3 of the Defense of Marriage Act as unconstitutional. This...

By Meredith Fuchs

Policy and compliance

Published APR 30, 2014

Our work on fair lending

We’ve created, refined, and implemented a process to focus our supervisory work on areas that present higher risk to consumers when it comes to fair lending.

By Patrice Alexander Ficklin

Info for consumers Policy and compliance

Published DEC 20, 2013

Ally to repay $80 million to consumers it discriminated against

When you shop for a car, auto lenders work with your auto dealer to offer you financing for your loan. Auto lenders consider the terms of your loan, your...

By Patrice Alexander Ficklin

Policy and compliance

Published NOV 04, 2013

Preventing illegal discrimination in auto lending

Every year, millions of American families buy a car – and it will be one of the most significant purchases they make. One key priority for us is protecting...

By Patrice Alexander Ficklin

Info for consumers

Published MAR 21, 2013

Buying a car? Here’s what you need to know

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...

By Patrice Alexander Ficklin and Gail Hillebrand

Data, research, and reports Policy and compliance

Published DEC 06, 2012

Fulfilling our fair lending mandate

We are responsible for ensuring "fair, equitable, and nondiscriminatory access to credit" under the Dodd-Frank Act. Today, we submitted a report to Congress...

By Patrice Alexander Ficklin