African-American and Hispanic borrowers harmed by Provident will receive $9 million in compensation
Provident borrowers who were charged higher broker fees will receive compensation.
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Prepared Remarks of Richard Cordray at the Cincinnati AFL-CIO Labor Day Picnic
Thank you for inviting me and welcoming me to the Labor Day Picnic. I have been here many times over the years, but this time around it has been awhile. Let me thank Pete McLinden of the Cincinnati AFL-CIO Labor Council for urging me to come and speak today, and Tim Burga, head of the Ohio AFL-CIO, as well.
Building credit at the local level
We want to raise awareness on ways you can help people in your community become credit visible in a positive way.
Prepared Remarks of CFPB Director Richard Cordray at the Rainbow/PUSH Coalition's 46th Annual Convention
Thank you for having me. I also want to thank the Reverend Jackson for his continuing support of the Consumer Financial Protection Bureau and for the invitation to join you. I am glad to have the chance to tell you how we are working to level the playing field for consumers in financial markets.
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 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.
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
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 Consumer Financial Protection Bureau is announcing an inquiry into ways to collect and publish information about the financing and credit needs of small businesses, especially those owned by women and minorities.
Request for information on small business lending
Small businesses play a key role in supporting community
development and fueling economic growth. We have issued a Request for
Information to learn more about the small business lending market. If you own a
small business, provide financing to small businesses, or generally know about
the small business lending market, we’d like to hear from you.
Solicitud de información sobre el mercado de préstamos para pequeñas empresas
Las pequeñas empresas desempeñan un papel clave en el apoyo al desarrollo comunitario y en el crecimiento económico. Hemos emitido una Solicitud de Información para obtener más información sobre el mercado de préstamos para las pequeñas empresas. Si usted es dueño de una pequeña empresa, proporciona financiamiento a pequeñas empresas, o conoce el mercado de préstamos para pequeñas empresas en términos generales, nos gustaría saber de usted.