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CFPB announced the panels for its December 10, 2019 workshop, cohosted with the Federal Trade Commission (FTC), to examine issues affecting the accuracy of traditional credit reports.
The Consumer Financial Protection Bureau (Bureau) today released its fourth biennial report on the state of the credit card market for the period 2017-2018.
Jewelry Retailer Enrolled Customers in Credit Cards and Related Products Without Their Consent.
Five federal financial institutions regulators and state regulators encourage financial institutions to work with consumers affected by the federal government shutdown.
Citibank Failed To Reevaluate And Reduce The Annual Percentage Rates For Consumer Credit Card Accounts.
The Bureau of Consumer Financial Protection (Bureau) today released its biennial report on the state of the credit card market.
Bureau Supervision Requires Some Companies to Change Practices to Prevent Future Violations.
Adjustments Based on Annual Percentage Change in Consumer Price Index.
Consumers Harmed By Inferior Card Terms, Including Higher Interest Rates, Stricter Credit Cutoffs, and Less Debt Forgiveness, Receive Over $95 Million in Redress.
Report Also Looks at Consumer Complaints from Massachusetts.
Thank you all for joining me on this call. Today, the Consumer Bureau is taking action against UniRush, which administers the RushCard, and Mastercard, its...
By
Richard Cordray
Preventable Failures Left Tens of Thousands of Economically Vulnerable Consumers Unable to Pay for Necessities.
Web-based Tool Will Deliver Regular Updates on Consumer Lending Markets.
On behalf of the Bureau, let me welcome all of you and say that we much appreciate this opportunity to discuss consumer financial markets with so many...
By
Richard Cordray
Bureau Urges Schools and Banks to Put Students' Best Financial Interest First.
New Rule Includes ‘Know Before You Owe’ Prepaid Disclosures.
CFPB to Evaluate Military Lending Act Violations in its Exams of Creditors and Will Use Its Enforcement Authority in Cases of Substantial Consumer Harm.
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...
By
Richard Cordray
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...
By
Richard Cordray
Bank Incentives to Boost Sales Figures Spurred Employees to Secretly Open Deposit and Credit Card Accounts.
Deceptive Marketing and Illegal Billing of Add-On Products Harmed Hundreds of Thousands of Consumers.
The CFPB's Office of Consumer Response hears directly from consumers about the challenges they face in the marketplace, brings their concerns to the...
Bureau Also Releases Safe Student Account Toolkit to Help Colleges Avoid Promoting Prepaid and Debit Products with Surprise Fees Today, the Bureau sent...
Let me say to the Consumer Federation of America, thank you for inviting me today. For more than 50 years, you have been doing great work on behalf of...
By
Richard Cordray
Concerns Remain About Other Back-End Practices Such As Deferred-Interest Promotions The Bureau today released a report detailing how the Credit Card...