Newsroom

CFPB Backs Department of Defense Proposal to Broaden the Rules for Greater Protections Today the Bureau issued a report highlighting how loopholes in the...

Retailer and Debt Collectors to Provide Over $2.5 Million in Consumer Relief for Illegal Lawsuits and Unauthorized Debits The Bureau and the Attorneys...

Today, the Bureau is suing a Texas-based company, Union Workers Credit Services, for deceiving consumers into paying fees to sign up for a sham credit card...

Today we are announcing that we are suing Sprint, the wireless carrier, for illegally cramming consumers' bills with unauthorized third-party charges...

Sprint Ignored Complaints from Consumers and Cost Them Tens of Millions of Dollars Today, the Bureau filed a lawsuit against Sprint Corporation for...

Today the Bureau released its annual report on college credit card agreements, which shows a nearly 70 percent decline in the number of agreements since...

Today, the Bureau announced a Project Catalyst research pilot to analyze the effectiveness of certain practices designed to encourage positive saving...

We are warning all student loan borrowers who have trouble managing their student debt to watch out for scams run by companies promising “student debt relief.” These companies prey on distressed borrowers who run into trouble and struggle to figure out what comes next.

CFPB Warns Borrowers About Companies Charging High Fees for Free Federal Loan Repayment Benefits Today, the Bureau took action to put an end to two student...

Today, the Bureau released a report that found medical debt has a significant impact on consumer credit, as 43 million Americans have overdue medical debt...

Today the Bureau has come here to talk about debt collection and credit reporting, both in general and more specifically as they relate to medical debt...

Today we are here to highlight the partnerships that the CFPB is building with libraries around the country to promote accessible financial education...

Firm Charged Illegal Upfront Fees to Consumers Today the Bureau announced that it has asked a federal district court to enter a consent order requiring...

Today, the U.S. Department of Defense announced critical new protections for servicemembers using the military discretionary allotment system. The changes...

Today I want to talk to you about electronic payment networks in general. This includes the ACH system but it also includes debit card networks and the...

Today, the Bureau proposed additional measures to ensure that homeowners and struggling borrowers are treated fairly by mortgage servicers. The proposal...

The Bureau today took its first action against a "buy-here, pay-here" car dealer. The dealer, DriveTime, harmed consumers by making harassing debt...

Bureau Warns Lenders Against Creating Illegal Hurdles for Recipients of Social Security Disability Income Today, the Bureau is issuing a bulletin to help...

Company to Pay $730,000 to Consumers Harmed by Illegal Bonus Program Today, the Bureau ordered a California mortgage lender, Franklin Loan Corporation, to...

Today, we are proposing a new rule to bring strong consumer protections to the prepaid market. Consumers need and deserve to be able to use sustainable...

Today the Bureau is proposing strong, new federal consumer protections for the prepaid market. The proposal would require prepaid companies to limit...

Bad products can upend whole neighborhoods as well as individual households. You can tell me all about the ravages of the foreclosure crisis, where vacant...

People cannot properly educate their children on financial wellness without the proper tools. With that in mind, the Bureau's Office for Financial...

Bureau Issues Consumer Advisory with Tips for Older Americans Dealing with Harassing Debt Collectors Today, the Bureau released a report highlighting debt...

The Federal Financial Institutions Examination Council (FFIEC), on behalf of its members, today released observations from the recent cybersecurity...