The CFPB and the New York Attorney General today took action against RD Legal Funding, two related entities, and the companies’ founder and owner, Roni Dersovitz to resolve their claims that defendants engaged in deceptive and abusive acts or practices under the Consumer Financial Protection Act in connection with offering cash advances to people on their settlement payouts from victim-compensation funds.
Statement of CFPB Director Rohit Chopra, Member, FDIC Board of Directors, on the Living Wills Submitted by JPMorgan Chase, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, Morgan Stanley, State Street, and Bank of New York Mellon
CFPB Director Rohit Chopra’s statement on the Living Wills Submitted by JPMorgan Chase, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, Morgan Stanley, State Street, and Bank of New York Mellon.
Company wrongly charged fees and inaccurately reported homeowner credit information despite pandemic-era housing protections.
CFPB Director Chopra’s remarks, as prepared for delivery, at a meeting of the Financial Literacy and Education Commission.
Los Exámenes de Supervisión de la CFPB Encuentran Fallas en el Reporte del Crédito, Uso de Tarifas Inesperadas y Engañoso Manejo de las Protecciones por COVID-19
Los examinadores de la agencia encuentran violaciones a la ley en muchos productos y servicios financieros.
CFPB Supervisory Examinations Find Credit Reporting Failures, Junk Fees, and Mishandling of COVID-19 Protections
Agency examiners find legal violations across consumer financial products and services.
Hoy día, la Oficina para Protección Financiera del Consumidor (CFPB) ha emitido dos reportes sobre la industria de la verificación de antecedentes de inquilinos.
Today, the Consumer Financial Protection Bureau (CFPB) issued two reports on the tenant background check industry.
Engaños y otras estafas encabezan la lista aparecida en las quejas recibidas.
When consumer reporting companies and furnishers fail to investigate disputed information, consumers are left paying higher interest rates and face greater difficulty finding housing, employment.
“Pig butchering” and other scams lead list of crypto-asset complaints.
Statement of CFPB Director Rohit Chopra, Member, FDIC Board of Directors, at the FDIC Systemic Resolution Advisory Committee
CFPB Director Chopra’s remarks at a meeting of the FDIC Systemic Resolution Advisory Committee to discuss resolution strategies for large and complex financial institutions.
CFPB Director Chopra’s remarks, as prepared for delivery, at a meeting of the Consumer Advisory Board.
Statement of CFPB Director Rohit Chopra, Member, FDIC Board of Directors, at the FDIC Advisory Committee on Economic Inclusion Meeting
CFPB Director Chopra’s remarks at a meeting of the FDIC Advisory Committee on Economic Inclusion to discuss the 2021 FDIC National Survey of Unbanked and Underbanked Households.
Proposals under consideration would fuel market competition and strengthen consumer data rights.
Agency highlights surprise overdraft and surprise depositor fees
Prepared remarks of CFPB Director Chopra at the financial technologies conference Money 20/20.
Effort seeks to address false information on the credit reports of children in foster care and the general public.
The CFPB is suing ACTIVE Network, a payments platform used by families across the country to sign up for community activities, including camps and events sponsored by the YMCA, Girl Scouts, and charity race organizers.
CFPB Sues Payment Platform Used by YMCA Camps and Charity Race Organizers for Illegally Cramming Consumers With Junk Membership Fees
ACTIVE Network generated more than $300 million in membership fees using digital dark patterns and online trickery.
Statement of CFPB Director Rohit Chopra, Member, FDIC Board of Directors, on the Revised Deposit Insurance Assessment Rates Final Rule
CFPB Director Rohit Chopra’s statement on a vote finalizing an increase in deposit insurance assessment rates of two basis points.
Statement of CFPB Director Rohit Chopra, Member, FDIC Board of Directors, on Proposals to Prevent Bailout Risk and Guard Against Increased Concentration in Banking
CFPB Director Rohit Chopra’s statement on a notice of proposed rulemaking to reduce bailout risk among a group of systemically important financial institutions and guard against increasing concentration in banking.
Some financial institutions and colleges may be steering students to more expensive financial products.