We are seeking comment on our plan for assessing the ATR/QM rule
The CFPB will assess the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule. We are seeking comments on our plan for the assessment.
Newsroom
New information will help U.S. improve financial literacy
The release of international scores shows that
American youth can improve when it comes to understanding finances and applying
their knowledge to making financial decisions.
Prepared Remarks of CFPB Director Richard Cordray at the Financial Literacy and Education Commission Meeting
Thank you all for being here. I always look forward to the meetings of our Financial Literacy and Education Commission. Each time we gather, our discussions reaffirm my belief that for this country to prosper, sound financial education must be one of the foundations we work to strengthen, for people young and old.
The Your Money, Your Goals webpage has a new look and new financial empowerment tools
We’ve recently updated the Your Money, Your Goals webpages. The updated pages provide new resources that make it simpler for staff and organizations to access our tools. Our toolkit, companion guides, and Behind on Bills booklet can all be downloaded or ordered for free.
Four tips to get back on track if you’re behind on your auto loan
If you are behind on your auto loan payments, it’s important to take steps to reduce the chance of falling further behind.
Our office of Servicemember Affairs guides you through the financial hurdles of your military career
Our
recent report will concentrate on some of the most common financial struggles
servicemembers face during their military careers; as well as detailing the
work we have done to help resolve those struggles since 2011.
CFPB Report Finds That 9 in 10 of the Highest-Risk Student Loan Borrowers Were Not Enrolled in Affordable Repayment Plans
Nearly Half of the Highest-Risk Borrowers Not Enrolled in an Affordable Repayment Plan Redefault
New data documents a disturbing cycle of defaults for struggling student loan borrowers
A default can lead to severe consequences, including damaged credit, wage garnishment, and offset of social security and other government benefits. There are options to get back on track after falling behind on a federal student loan.
This month’s Money as You Grow book club pick: "My Rows and Piles of Coins"
In “My Rows and Piles
of Coins,” a boy growing up in Tanzania saves up to buy a bicycle to help his
mother.
Request for information on small business lending
Small businesses play a key role in supporting community
development and fueling economic growth. We have issued a Request for
Information to learn more about the small business lending market. If you own a
small business, provide financing to small businesses, or generally know about
the small business lending market, we’d like to hear from you.