Blog archive

The CFPB Ombudsman’s Office celebrates the 2nd Annual Ombuds Day on October 10 with ombudsman offices worldwide. This day is meant to increase awareness and educate about the ombudsman profession.

Background screening reports are used by employers to check histories of applicants and employees, including criminal record histories.

The CFPB has a wide range of Spanish-language tools and resources for consumers and service providers on topics from planning a budget or opening an account, to buying a house and protecting people from scams.

The report describes bankruptcy trends in the years including the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) and the Great Recession.

Putting money away for college, even small amounts, can make a difference. Here are tips to stay motivated in reaching your college savings goal.

A joint study with Credit Karma explores the relationship between subjective Financial Well-Being (FWB) and objective credit characteristics and engagement with financial education tools. The report identifies credit report and engagement variables that are significantly related to a consumer’s FWB score, including credit score, credit limit, credit utilization, and the use of a credit simulator tool.

Read "But I’ve Used All of My Pocket Change" with your child and use our Parent Guide to talk about spending and self-control.

Learn how to recognize and report “grandparent” or “person in need” scams. Order copies of our free Grandparent Scam placemat.

Read "How Much Is That Doggie in the Window?" with your child and use our Parent Guide to talk about spending and setting priorities.

We’re now accepting applications for the Your Money, Your Goals 2020 cohort.

Read "Sally Jean, the Bicycle Queen" with your child and use our Parent Guide to talk about how skills, patience, and creativity can help you get what you...

The CFPB’s new savings booklet and email boot camp can help consumers put money aside for unexpected expenses or make a plan to save for your future goals.

One of the easiest and most effective ways to save money is to make it automatic. Learn how to automate your savings.

If you learn that a store credit card was opened in your name, without your permission, speak up – and take steps to prevent this from happening in the future.

Read "Sam and the Lucky Money" with your child and use our Parent Guide to talk about how small amounts of money can make a big difference.

Your Loan Estimate and Closing Disclosure explain the costs and terms of the mortgage loan that you have applied for – here’s what you should know and how to read them.

Were you affected by the 2017 Equifax data breach? Find out about the legal settlement, benefits, and compensation that you may be eligible to claim.

Read "Jingle Dancer" with your child and use our Parent Guide to talk about how small steps can help you reach a goal.

An update on results provided under the Bureau’s No-Action Letter on alternative data and machine learning.

Learn how to recognize and report Social Security scams. Order copies of our free Social Security Scam placemat.

This report on the Bureau’s September 17th, 2018 Building a Bridge to Credit Visibility Symposium summarizes the panel discussions that took place during the event and highlights the key themes that stood out from those conversations.

It’s important to make a plan to reduce your debt. Here are three steps to help you pay down your debt.

Those in the military community have a unique financial journey. Here we debunk five financial myths we commonly see in our work with servicemembers.

The analysis shows that about two thirds of actively used credit card accounts carry a revolving balance. Once consumers begin to revolve, they do so continuously for about 10 months on average, with approximately 15 percent revolving continuously for two years or more. The longer a balance is revolved, the higher the chances that the consumer will continue to revolve a balance.

This report describes our fair lending activities in supervision, enforcement, guidance and rulemaking, interagency coordination, and outreach for calendar year 2018.