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The Consumer Financial Protection Bureau announced a proposed settlement with Think Finance, LLC, formerly known as Think Finance, Inc.

The Consumer Financial Protection Bureau today is proposing to rescind certain provisions of its 2017 final rule governing “Payday, Vehicle Title, and Certain High-Cost Installment Loans.”

The Bureau expects to issue proposed rules in January 2019 that will reconsider the Bureau's rule regarding Payday, Vehicle Title, and Certain High-Cost Installment Loans and address the rule's compliance date.

Cash Express Made Misleading Representations to Consumers and Improperly Seized Money From Check-Cashing Transactions

The Bureau of Consumer Financial Protection (Bureau) today released its 17th edition of Supervisory Highlights. 

Today, Bureau Acting Director Mick Mulvaney issued the following statement in response to a bulletin from the Office of the Comptroller of the Currency regarding short-term, small-dollar credit.

Proposed Order Would Shutter Post-Settlement Funding Business, End Deceptive Business Practices, and Impose Penalties

Bureau Alleges Companies Deceived Consumers About Debt That Was Not Legally Owed

Pawnbroker to Pay Restitution to Consumers and End Deceptive Disclosures

Bureau Alleges Four Virginia Pawnbrokers Disclosed Misleading Annual Percentage Rates