CFPB Sues TCF National Bank for Tricking Consumers Into Costly Overdraft Service
Bank Obscured Fees, Adopted Loose Definition of Consent to Preserve Overdraft Revenue.
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CFPB Sues Nation's Largest Student Loan Company Navient for Failing Borrowers at Every Stage of Repayment
Navient, Formerly Part of Sallie Mae, Illegally Cheated Borrowers Out of Repayment Rights Through Shortcuts and Deception.
Prepared Remarks of CFPB Director Richard Cordray on the Navient Enforcement Action Press Call
Today the Bureau is filing a lawsuit against Navient (formerly part of Sallie Mae), which is the nation's largest servicer of both federal and private...
CFPB Takes Action Against Two Law Firms for Misrepresenting Attorney Involvement to Collect on Medical Debts
Bureau Orders Medical Debt Collection Law Firms and their President to Refund $577,135 to Consumers.
CFPB Orders TransUnion and Equifax to Pay for Deceiving Consumers in Marketing Credit Scores and Credit Products
Credit Reporting Companies Misstated the Cost and Usefulness of the Credit Scores and Products They Sold, Lured Consumers into Costly Recurring Payments.
Consumer Financial Protection Bureau Takes Second Action Against Military Credit Services for Improper Contract Disclosures
Bureau Orders Lender to Pay $200,000 Civil Penalty.
CFPB Takes Action Against Pawn Companies for Deceiving Consumers About Loan Costs
Bureau Alleges Four Virginia Pawnbrokers Disclosed Misleading Annual Percentage Rates.
CFPB Takes Action Against Moneytree for Deceptive Advertising and Collection Practices
Bureau Orders Financial Services Company to Pay $255,000 to Consumers.
CFPB Takes Action Against Reverse Mortgage Companies for Deceptive Advertising
Three Companies Cited For Falsely Claiming Consumers Could Not Lose Their Homes.
CFPB Warns Financial Companies About Sales and Production Incentives That May Lead to Fraud or Consumer Abuse
Unchecked Incentives Can Produce Unauthorized Account Openings, Deceptive Sales Tactics, and Other Illegal Practices.
CFPB Sues Access Funding for Scamming Lead-Paint Poisoning Victims Out of Settlement Money
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.
CFPB Takes Action Against B&B Pawnbrokers For Deceiving Consumers About Loan Costs
Bureau Alleges Virginia Pawnbroker Disclosed Misleadingly Low Annual Percentage Rate.
CFPB and New York Attorney General File Lawsuit Against Illegal Nationwide Debt Collection Scheme
Alleges Network of Sham Collections Companies Harass, Threaten, and Deceive Millions of Consumers.
CFPB Supervision Recovers $11 Million for 225,000 Harmed Consumers
CFPB Finds Qualified Students Were Blocked From Affordable Loan Repayment Plans; Updates Student Loan Servicing Exam Procedures.
CFPB Orders Navy Federal Credit Union to Pay $28.5 Million for Improper Debt Collection Actions
Credit Union Used False Threats to Collect Debts and Placed Unfair Restrictions on Account Access.
CFPB Orders LendUp to Pay $3.63 Million for Failing to Deliver Promised Benefits
Online Lender Did Not Help Consumers Build Credit or Access Cheaper Loans, As It Claimed.
CFPB Fines Titlemax Parent Company $9 Million for Luring Consumers Into More Costly Loans
Lender Also Illegally Exposed Borrowers’ Debt Information to Employers, Friends, and Family.
CFPB Sues Five Arizona Title Lenders for Failing to Disclose Loan Annual Percentage Rate to Consumers
Bureau Alleges Lenders Did Not List Required Annual Percentage Rate in Online Loan Advertisements.
Written Testimony of Richard Cordray, Director, CFPB Before the Senate Committee on Banking, Housing, and Urban Affairs
On September 8, 2016, the Consumer Bureau, together with our partners at the Los Angeles City Attorney's office and the Office of the Comptroller of the...
Consumer Financial Protection Bureau Takes Action Against Bridgepoint Education, Inc. for Illegal Student Lending Practices
CFPB Orders Full Relief and Refunds for All Private Loans Made by the School.
Prepared Remarks of Richard Cordray Director of the Consumer Financial Protection Bureau on the Wells Fargo Enforcement Action Press Call
Today the Bureau is joining our partners at the Los Angeles City Attorney's office and the Office of the Comptroller of the Currency in taking an...
Consumer Financial Protection Bureau Fines Wells Fargo $100 Million for Widespread Illegal Practice of Secretly Opening Unauthorized Accounts
Bank Incentives to Boost Sales Figures Spurred Employees to Secretly Open Deposit and Credit Card Accounts.
CFPB Orders First National Bank of Omaha to Pay $32.25 Million for Illegal Credit Card Practices
Deceptive Marketing and Illegal Billing of Add-On Products Harmed Hundreds of Thousands of Consumers.
CFPB Takes Action Against Wells Fargo for Illegal Student Loan Servicing Practices
Wells Fargo to Pay $3.6 Million Penalty to the Bureau.
Consumer Financial Protection Bureau Orders Santander Bank to Pay $10 Million Fine for Illegal Overdraft Practices
Bank Deceptively Marketed Its Overdraft Service to Consumers, Violated “Opt-in” Rule.