Newsroom

The CFPB sued Horizon Card Services and its CEO Robert Kane for tricking consumers into signing up for its expensive membership credit card.

Today, the Consumer Financial Protection Bureau (CFPB) filed a proposed order against the student loan servicer Navient for its years of failures and lawbreaking.

Director Chopra delivered remarks on the CFPB’s enforcement action against Navient.

The CFPB filed an order to resolve its lawsuit against James R. and Melissa C. Carnes for fraudulent transfers to avoid paying restitution and penalties.

La CFPB introduce orden para resolver su demanda contra James R. y Melissa C. Carnes por hacer transferencias fraudulentas para evitar pagar reparaciones y multas.

La CFPB publica circular advirtiendo acerca del uso de términos y condiciones ilegales o incumplibles en contratos de productos o servicios financieros.

The CFPB today issued a circular warning against the use of unlawful or unenforceable terms and conditions in contracts for consumer financial products or services.

CFPB Director Rohit Chopra published a UC Irvine Law Review article on enforcing the post-financial crisis ban on abusive conduct.

A letter written by Brian Shearer, CFPB Assistant Director of the Office of Policy Planning and Strategy, to Kathy Hochul, Governor of New York State, and members of the New York State Assembly and Senate.

CFPB y Departamento de Justicia demandan a la compañía desarrolladora y prestamista Colony Ridge por hacer ofertas falsas y ofrecer financiamiento predatorio.

The Consumer Financial Protection Bureau and the Justice Department sued Colony Ridge for operating an illegal land sales scheme and targeting Hispanic borrowers.

CFPB ordenó al prestamista online Enova International Inc. pagar una multa de $15 millones por asumir conducta ilegal, que incluyó retirar fondos de cuentas bancarias sin autorización, hacer declaraciones engañosas sobre préstamos y cancelar extensiones de préstamos

The Consumer Financial Protection Bureau (CFPB) today ordered online lender Enova International Inc. to pay a $15 million penalty for widespread illegal conduct including withdrawing funds from customers’ bank accounts without their permission, making deceptive statements about loans, and cancelling loan extensions.

The CFPB sued lease-to-own finance company Snap Finance for deceiving consumers, obscuring the terms of its financing agreements, and making false threats.

CFPB demanda a la compañía Snap Finance por engañar a los consumidores, ocultar términos en sus contratos de financiamiento y por hacer falsas amenazas.

A letter written by Julie Margetta Morgan, Senior Policy Advisor to the Director, to Brian Maienschein of the California State Assembly.

Today, the Consumer Financial Protection Bureau (CFPB) issued a policy statement that explains the legal prohibition on abusive conduct in consumer financial markets and summarizes over a decade of precedent.

Director Chopra delivered prepared remarks on fair dealing in financial markets to the University of California Irvine Law School.

CFPB emite declaración de políticas que explica la prohibición sobre el uso de conductas abusivas y resume más de una década de casos precedentes.

La CFPB tomó acción contra Loan Doctor y su fundador por engañar a los consumidores con supuestas cuentas con retornos garantizados en bancos comerciales.

Today, the Consumer Financial Protection Bureau (CFPB) took action against Loan Doctor to resolve the CFPB’s claims that the company and its founder, Edgar Radjabli, broke the law by deceiving consumers into thinking they were depositing funds into a guaranteed return savings product within a commercial bank.

CFPB and New York Attorney General Take Action Against Companies that Cheated 9/11 Victims.

La CFPB y el Fiscal General de New York tomarán acciones contra las compañías que engañaron a las víctimas de los atentados del 11/9.

The CFPB is suing ACTIVE Network, a payments platform used by families across the country to sign up for community activities, including camps and events sponsored by the YMCA, Girl Scouts, and charity race organizers.

ACTIVE Network generated more than $300 million in membership fees using digital dark patterns and online trickery.