Blog archive

The Consumer Financial Protection Bureau has a launched a new initiative to focus on financial issues facing rural America. Our effort will initially focus on rural banking deserts, discriminatory and predatory agricultural credit, and manufactured housing.

In response to concerns from workers about financial risk and harm from employers, the CFPB is looking into the consumer financial products or services that workers face in the workplace.

As the economy recovers, the CFPB is closely monitoring auto lending to ensure the market is fair, transparent, and competitive – and is working for American consumers.

Inaccurate credit reports hurt small businesses similar to how they hurt consumers – the CFPB commends the FTC for taking action to hold credit reporting agencies accountable for their misconduct toward small businesses.

A CFPB report revealed that the NCRAs have largely relied on vague, unhelpful form letters in response to consumer complaints filed with the Bureau. This practice, which surged in 2020, left families and communities vulnerable at the height of an unprecedented global pandemic and economic crisis.

The Homeowner Assistance Fund (HAF) provides financial relief to homeowners impacted by the COVID-19 pandemic. Learn how to check if assistance is available in your area.

Overdraft fees cost Americans an estimated $15.5 billion in 2019. Some banks have made recent changes to their overdraft programs; take a look here to see how your bank fares compared to others.

If the people you serve face unexpectedly high medical costs, now they have protections under the No Surprises Act, plus support from the CFPB on debts arising from charges that exceed amounts allowed under the No Surprises Act.

Getting sick or injured can often result in a heavy financial burden, including mounting medical bills, aggressive debt collection and coercive credit reporting. Learn about the VA’s new rule to put patients first and how to protect against surprise medical bills.

The CFPB joins with other regulators in asking The Appraisal Foundation to clearly instruct appraisers about the federal law forbidding appraisal discrimination.

When we shop, we often look at the cheapest advertised price. But the true price may include junk fees. Learn the most common types and share how these fees impact your financial life.

Your consumer reporting data can affect your ability to get a loan, job, or apartment. Learn how to request, review, and freeze your consumer reports.

The PSLF Limited Waiver provides important new benefits to workers in public service until October 31, 2022. Servicers are responsible for helping to navigate the process.

From 2018 to 2020, the CFPB estimates that Americans paid roughly $120 billion per year in credit card interest and fees. That works out to about $1,000 per year for every American household.

Release of report outlining diversity and inclusion based on public facing data and information reported to the Bureau.

We’re concerned that some financial companies are unlawfully considering religion when making decisions on financial products. Have you been discriminated against? Submit a complaint to the CFPB.

Several weeks ago, we issued a market-monitoring inquiry into “buy now, pay later” (BNPL) products and business practices. Now we are inviting anyone interested in this market to submit comments -- including families, small businesses, and international regulators.

This week CFPB partnered with other agencies to ensure that American servicemembers enjoy the full protections of the Military Lending Act.

Consumers told us how credit reporting errors affect their lives. Here are steps you can take to help hold credit reporting companies accountable.

New analysis in our Making Ends Meet series shows consumers’ finances improved during the pandemic as pandemic policies protected consumers.

This week CFPB partnered with other agencies to oppose a dangerous threat to our nation’s civil rights laws, specifically related to the Equal Credit Opportunity Act, or ECOA.

Learn more about Buy Now Pay Later (BNPL) loans before using them for your purchases this holiday season.

The CFPB encourages programmers, data scientists and others with knowledge of the algorithms and technologies used by companies, and who know of potential discrimination or other misconduct within our authority, to report it to the CFPB.

Under the Regulatory Flexibility Act, Federal agencies must publish regulatory agendas twice a year. CFPB participates in the Unified Agenda, which is led by the Office of Management and Budget (OMB).

CFPB’s supervision activities revealed unfair acts and practices, and other violations, by mortgage servicers. Here’s what to be aware of and how to find the resources you need if you’re struggling to make your mortgage payments.