CFPB Seeks Comment on Proposed Changes to Prepaid Rule
Proposal Would Adjust Error Resolution Requirements and Provide More Flexibility for Credit Cards Linked to Digital Wallets.
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Consumer Financial Protection Bureau Encourages Retail Credit Card Companies to Consider More Transparent Promotions
Bureau Notes that Deferred-Interest Promotions May Lack Transparency, Carry Risks to Consumers.
Prepared Remarks of CFPB Director Richard Cordray at the Consumer Advisory Board Meeting
Welcome to this meeting of the Consumer Advisory Board. Once again, I thank our members for sharing your expertise and perspectives on the concerns of...
Consumer Financial Protection Bureau Study Finds Consumers in Lower-income Areas are More Likely to Become Credit Visible Due to Negative Records
Consumers In Higher-Income Areas More Likely Than Those in Lower-Income Areas to Establish Credit with a Credit Card or Co-Borrower.
Consumer Financial Protection Bureau Takes Action Against Fay Servicing for Failing to Provide Mortgage Borrowers with Protections Against Foreclosure
Fay Servicing to Pay up to $1.15 Million to Borrowers Harmed by Illegal Servicing Practices.
CFPB Monthly Snapshot Spotlights Complaints from Older Consumers
Report Shows Older Consumers Report Problems with Reverse Mortgages, Scams, Credit Cards, and Add-On Products.
Prepared Remarks of CFPB Director Richard Cordray at the People and Places Conference
Good afternoon and thank you. And let me thank all the groups represented here at the conference. You raise awareness about the need for fairness, honesty, and justice in business, housing, civic life, and economic development.