CFPB Unveils Prototypes of "Know Before You Owe" Overdraft Disclosure Designed to Make Costs and Risks Easier to Understand
New CFPB Study Shows Opted-In Frequent Overdrafters Typically Pay Almost $450 More in Fees.
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CFPB Takes Action Against JPMorgan Chase for Failures Related to Checking Account Screening Information
Bureau’s Order Requires Bank to Pay $4.6 Million Penalty.
CFPB Warns Companies Against Tricking Consumers Into Expensive Pay-By-Phone Fees
Bureau Concerned About Companies Misleading Consumers About Pay-By-Phone Fees, Keeping Them in the Dark About Much Cheaper Options.
CFPB Proposes Changes to Mortgage Data Rule Reporting Threshold for Community Banks and Credit Unions
Proposed Rule Would Temporarily Raise the Reporting Threshold for Smaller Institutions.
Prepared Remarks of CFPB Director Richard Cordray at the Rainbow/PUSH Coalition's 46th Annual Convention
Prepared Remarks of CFPB Director Richard Cordray Director at the Rainbow/PUSH Coalition’s 46th Annual Convention in Chicago, Ill.
CFPB Issues Rule to Ban Companies From Using Arbitration Clauses to Deny Groups of People Their Day in Court
Financial Companies Can No Longer Block Consumers From Joining Together to Sue Over Wrongdoing.
Prepared Remarks of CFPB Director Richard Cordray on the Arbitration Rule Announcement
Today, we are announcing a final rule that prevents financial companies from using mandatory arbitration clauses to deny groups of consumers their day in court.
CFPB Announces New Advisory Board and Council Members
Today the Consumer Financial Protection Bureau (CFPB) announced the appointment of new consumer experts from outside the federal government to CFPB's board and councils.
CFPB Finalizes Updates to "Know Before You Owe" Mortgage Disclosure
Changes Will Provide More Clarity, Preserve Protections for Consumers.
Prepared Remarks of CFPB Director Richard Cordray at the AAFCS Conference
Prepared Remarks of CFPB Director Richard Cordray at the American Association of Family and Consumer Sciences Conference in Dallas, Texas.
CFPB Releases State-Level Snapshot of Consumer Complaints
Report Provides National and State-by-State Overviews of the Complaints Submitted to the Bureau.
CFPB Takes Actions Against Credit Repair Companies for Charging Illegal Fees and Misleading Consumers
Companies and Individuals to Pay More Than $2 Million in Penalties and Relinquished Funds.
Prepared Remarks of CFPB Director Richard Cordray at the Public Service Student Loan Forgiveness Event
Consumer Bureau Launches “Certify Your Service” Campaign to Help Teachers, First Responders, and Other Public Servants Stay on Track.
CFPB Spotlights Borrower Complaints About Student Loan Servicers Mishandling Public Service Loan Forgiveness Program
Consumer Bureau Launches “Certify Your Service” Campaign to Help Teachers, First Responders, and Other Public Servants Stay on Track.
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.
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.
Prepared Remarks of CFPB Director Richard Cordray at the Financial Literacy and Education Commission Meeting
Thank you all for being here. I always look forward to the meetings of our Financial Literacy and Education Commission. Each time we gather, our discussions...
CFPB Report Finds That 9 in 10 of the Highest-Risk Student Loan Borrowers Were Not Enrolled in Affordable Repayment Plans
Nearly Half of the Highest-Risk Borrowers Not Enrolled in an Affordable Repayment Plan Redefault.
Prepared Remarks of CFPB Director Richard Cordray at the Small Business Lending Field Hearing
Thank you all for coming. It is good to be here again in Los Angeles. Today, the Bureau is announcing an inquiry into ways to collect and publish...
CFPB Explores Ways to Assess the Availability of Credit for Small Business
CFPB Asks for Public Feedback on Ways to Bridge the Information Gap on Small Business Lending.