Newsroom

The CFPB took action to close an outdated overdraft loophole that exempted overdraft loans from lending laws.

CFPB Advisor and Student Loan Ombudsman Julia Barnard delivered remarks to the Consumer Federation of America “Looking to the Future of Student Borrower Protection."

The CFPB took action to address unlawful student loan debt collection practices by Performant Recovery, Inc. against defaulted borrowers.

The CFPB launched a rulemaking to address the harmful effects of inaccurate credit reporting affecting survivors of domestic violence, elder abuse, and other forms of financial abuse.

The Consumer Financial Protection Bureau (CFPB) today published an order establishing supervisory authority over Google Payment Corp.

The CFPB sued Comerica Bank for systematically failing its 3.4 million Direct Express cardholders - primarily unbanked Americans receiving federal benefits.

The CFPB is distributing $1.8 billion to 4.3 million consumers charged illegal junk fees by credit repair companies including Lexington Law and CreditRepair.com.

La CFPB y el DOJ emiten declaración conjunta afirmando que las instituciones no podrían usar estatus migratorio para ilegalmente discriminar a solicitantes de crédito.

The CFPB took action against student lender Climb Credit and its investors, including 1/0 (“One Zero”), which if entered will require the companies to stop making representations in their advertising about the quality of the training programs at their partner schools and graduates’ hiring rates and salaries.

The CFPB permanently banned Student Loan Pro and Judith Noh, its owner, from providing consumer financial products after violations of the Telemarketing Sales Rule.

Five federal financial regulatory agencies, the Financial Crimes Enforcement Network (FinCEN), and state financial regulators issued a statement today to provide supervised institutions with examples of risk management and other practices that may be effective in combatting elder financial exploitation.

The CFPB today proposed a rule to rein in data brokers that sell Americans' sensitive personal and financial information.

Director Chopra delivered remarks on protecting Americans from harmful data broker practices.

The CFPB today finalized a rule to supervise the largest nonbank companies offering digital funds transfer and payment wallet apps.

Director Chopra delivered remarks at the 2024 FinRegLab AI Symposium.

Director Chopra submitted this statement for the record in connection with a closed meeting of the FDIC Board of Directors held on November 12, 2024.

The CFPB released the annual report of the Student Loan Ombudsman, highlighting severe difficulties reported by student borrowers in consumer complaints.

The CFPB can enforce the new Click-to-Cancel Rule, which will further enable the CFPB to protect consumers from being tricked into paying for products or services they do not want or need.

The CFPB took action against Global Tel Link Corporation and its subsidiaries for taking millions of dollars from consumer accounts and blocking money transfers to consumers who are incarcerated.

The CFPB issued its first results from its Student Loan Borrower Survey, providing insights into the effects of student loan debt relief programs and the challenges borrowers face in navigating repayment options.

The CFPB released a study revealing significant disparities in how lenders treat Black and white small business owners seeking loans.

The CFPB released a report examining federal and state-level privacy protections for consumers’ financial data.

Today, the CFPB published a report finding that state consumer privacy laws typically exempt entities covered by federal financial privacy laws.

The CFPB took action against Navy Federal Credit Union for charging illegal overdraft fees.

The CFPB took action against VyStar Credit Union for harming consumers through its botched rollout of a new online banking system.