CFPB Takes Action to Shut Down Credit Repair Company for Charging Illegal Fees and Misleading Consumers
Company Banned From Offering Credit Repair Services and Required to Pay $150,000 Penalty.
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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.
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 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.
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.
Prepared Remarks of CFPB Director Richard Cordray at Operation HOPE Global Forums Annual Meeting
Thank you John for your kind words. I am glad to be back in Atlanta for the HOPE Global Forum. It is great to be here with you and to know you share similar...
Prepared Remarks of CFPB Director Richard Cordray at the LendIt USA Conference
I am glad to be with you today to hear firsthand about the latest innovations in consumer financial services. These innovations seem to be generating considerable interest and optimism about the future.
Prepared Remarks of CFPB Director Richard Cordray at the Consumer Advisory Board Meeting
Welcome to this meeting of the Consumer Advisory Board. We find great value in the dialogue we have with our CAB members, who share with us their perspective, their expertise, and their experience.
CFPB Oversight Uncovers And Corrects Credit Reporting Problems
Bureau Report Outlines Accuracy and Other Issues That Bureau Supervision Has Taken Action to Address.
CFPB Monthly Snapshot Spotlights Credit Reporting Complaints
Report Also Looks at Consumer Complaints from Louisiana.
CFPB Explores Impact of Alternative Data on Credit Access for Consumers Who Are Credit Invisible
CFPB Seeks Public Feedback on Benefits, Risks of Using Unconventional Sources to Extend Affordable Credit to Consumers Lacking Credit History.
Prepared Remarks of CFPB Director Richard Cordray at the Alternative Data Field Hearing
Thank you for joining us. I am glad to be in Charleston as we explore some new frontiers for consumer access to credit.
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.
CFPB Sues Credit Repair Company for Misleading Consumers and Charging Illegal Fees
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit in federal district court against the credit repair company Prime Marketing Holdings, LLC.
CFPB Monthly Complaints Snapshot Spotlights Credit Reporting Complaints
Report Also Includes In-Depth Look at Consumer Complaints in New Mexico.
CFPB Orders Subprime Credit Reporting Company and Owner to Pay $8 Million Penalty for Illegal Practices
Company Mishandled Consumer Reports, Failed to Investigate Consumer Disputes Today, the Bureau took action against a nationwide credit reporting company...
CFPB Monthly Complaint Snapshot Spotlights Credit Reporting Complaints
Report Also Includes In-Depth Look at Consumer Complaints in Los Angeles, Calif. Today, the Bureau released its monthly consumer complaints snapshot. The...
CFPB Report Finds 26 Million Consumers Are Credit Invisible
Bureau Also Finds That Black and Hispanic Consumers Are More Likely to Have a Limited Credit Record Today the Bureau published a report finding that 26...
Prepared Remarks of CFPB Director Richard Cordray on the Credit Reporting Press Call
Thank you for joining us on this call. Today we are releasing a report finding that about one in 10 adults in this country, or about 26 million consumers...
Written Testimony of David Silberman Before the House Financial Services Subcommittee on Financial Institutions and Consumer Credit
Chairman Neugebauer, Ranking Member Clay, and Members of the Subcommittee, thank you for the opportunity to testify today about the Bureau's work to...
Prepared Remarks of CFPB Director Richard Cordray at the Consumer Advisory Board Meeting
A year ago, I focused my remarks to this group on the work the Bureau is doing on credit reporting. Today, I would like to give you an update on that work...
CFPB Reports That More Than 50 Million Credit Card Consumers Have Access to Free Credit Scores
New Study Indicates that Consumers Access Credit Scores and Credit Reports in a Variety of Ways but Confusion Persists Today, the Bureau reported that more...
CFPB Director Richard Cordray’s Prepared Lecture on Economic Rights as Civil Rights at Michigan State University
My speech today is intended as an incremental contribution to the year-long conversation on civil and human rights that Michigan State University has...
CFPB Takes Action Against Auto Finance Company for Distorting Borrower Credit Reports
First Investors Fined $2.75 Million for Knowingly Providing Inaccurate Information to Credit Reporting Agencies for Years Today the Bureau is taking action...
CFPB Study Finds Medical Debt Overly Penalizes Consumer Credit Scores
Study Finds Credit Scores Underestimate Creditworthiness for Consumers Who Owe and Repay Medical Debt Today the Bureau released a research report that found...