Provident borrowers who were charged higher broker fees will receive compensation.
Company to Regularly Report Lending and Compliance Information to the Bureau
Our first-ever no-action letter is being issued to Upstart.
CFPB and American Express Reach Resolution to Address Discriminatory Card Terms in Puerto Rico and U.S. Territories
Consumers Harmed By Inferior Card Terms, Including Higher Interest Rates, Stricter Credit Cutoffs, and Less Debt Forgiveness, Receive Over $95 Million in Redress
CFPB Supervision Finds Some Student Loan and Mortgage Servicers Illegally Fail to Provide Protections to Borrowers
Bureau Recovered $6.1 Million for 16,000 Consumers Harmed By Auto Loan Originators
This week, we’re releasing our fifth Fair Lending Report. Read about the actions we took last year to protect people from credit discrimination and what we plan to do this year.
Bureau’s $1.75 Million Civil Penalty for Persistent and Substantial Reporting Errors is the CFPB’s Largest Penalty to Date for HMDA Violations
Thank you for joining us. I am glad to be in Charleston as we explore some new frontiers for consumer access to credit.
CFPB Seeks Public Feedback on Benefits, Risks of Using Unconventional Sources to Extend Affordable Credit to Consumers Lacking Credit History
A look at the CFPB’s fair lending focus in the new year.