Newsroom
Bureau’s $1.75 Million Civil Penalty for Persistent and Substantial Reporting Errors is the CFPB’s Largest Penalty to Date for HMDA Violations.
CFPB and NY Also Accuse Company of Deceiving National Football League Concussion Victims.
Pawnbroker to Pay Restitution to Consumers and End Deceptive Disclosures.
Preventable Failures Left Tens of Thousands of Economically Vulnerable Consumers Unable to Pay for Necessities.
Real Estate Brokers and Mortgage Servicer That Took Kickbacks from Prospect Also Ordered to Pay $495,000.
Lawyers Revived an Illegal Debt Relief Scheme that the CFPB Previously Shut Down.
Mortgage Servicers Kept Borrowers in the Dark About Options, Demanded Excessive Paperwork.
Bank Obscured Fees, Adopted Loose Definition of Consent to Preserve Overdraft Revenue.
Navient, Formerly Part of Sallie Mae, Illegally Cheated Borrowers Out of Repayment Rights Through Shortcuts and Deception.
Bureau Orders Medical Debt Collection Law Firms and their President to Refund $577,135 to Consumers.
Credit Reporting Companies Misstated the Cost and Usefulness of the Credit Scores and Products They Sold, Lured Consumers into Costly Recurring Payments.
Bureau Orders Lender to Pay $200,000 Civil Penalty.
Bureau Alleges Four Virginia Pawnbrokers Disclosed Misleading Annual Percentage Rates.
Bureau Orders Financial Services Company to Pay $255,000 to Consumers.
Three Companies Cited For Falsely Claiming Consumers Could Not Lose Their Homes.
Unchecked Incentives Can Produce Unauthorized Account Openings, Deceptive Sales Tactics, and Other Illegal Practices.
The Consumer Financial Protection Bureau (CFPB) filed a complaint in federal district court against Access Funding, LLC for an illegal scheme in which victims of lead-paint poisoning and others were deceived into signing away future settlement payments in exchange for a significantly lower lump-sum payout.
Bureau Alleges Virginia Pawnbroker Disclosed Misleadingly Low Annual Percentage Rate.
Alleges Network of Sham Collections Companies Harass, Threaten, and Deceive Millions of Consumers.
CFPB Finds Qualified Students Were Blocked From Affordable Loan Repayment Plans; Updates Student Loan Servicing Exam Procedures.
Credit Union Used False Threats to Collect Debts and Placed Unfair Restrictions on Account Access.
Online Lender Did Not Help Consumers Build Credit or Access Cheaper Loans, As It Claimed.
Lender Also Illegally Exposed Borrowers’ Debt Information to Employers, Friends, and Family.
Bureau Alleges Lenders Did Not List Required Annual Percentage Rate in Online Loan Advertisements.
CFPB Orders Full Relief and Refunds for All Private Loans Made by the School.