CFPB Takes Action to Shut Down Illegal Student Debt Relief Scheme
Student Loan Processing.US and Owner Charged Student Loan Borrowers Millions in Illegal Fees Today the Bureau requested that a federal district court enter...
Newsroom archive
CFPB Takes Action Against Dwolla for Misrepresenting Data Security Practices
Payment Processor Deceived Consumers About the Data Security Risks of Using Its Online System The Bureau today took action against online payment platform...
CFPB Orders Citibank to Provide Relief to Consumers for Illegal Debt Sales and Collection Practices
Citibank Sold Credit Card Debt with Inflated Interest Rates; Debt Collectors for Citibank Altered Affidavits The Bureau today took two separate actions...
CFPB and DOJ Reach Resolution With Toyota Motor Credit To Address Loan Pricing Policies With Discriminatory Effects
Minority Borrowers Who Paid Higher Rates for Auto Loans Will Receive Up to $21.9 Million.
CFPB Takes Action Against Herbies Auto Sales for Unlawful Lending Practices
Subprime "Buy Here Pay Here" Dealer Hid Finance Charges, Deceived Consumers The Bureau today took action against Herbies Auto Sales, a buy-here pay-here...
CFPB Takes Action to Stop Illegal Debt Collection Lawsuit Mill
Order Would Bar Georgia Law Firm from Churning Out Illegal Collections Lawsuits and Require $3.1 Million Penalty Today, the Bureau filed a proposed consent...
CFPB Takes Action Against Lead Aggregators for Online Trafficking of Personal Information
T3Leads and Lead Publisher Exposed Consumers to Harassment and Deceit The Bureau today took separate actions against a company and an individual that resold...
CFPB Orders CarHop to Pay $6.4 Million Penalty for Jeopardizing Consumers’ Credit
One of Nation's Biggest "Buy-Here, Pay-Here" Auto Dealers Provided Inaccurate Credit Information Today the Bureau is taking action against CarHop, one of...
CFPB Orders EZCORP to Pay $10 Million for Illegal Debt Collection Tactics
Bureau Issues Industry-Wide Warning On Home, Workplace Debt Collection Risks The Bureau today took action against EZCORP, Inc., a small-dollar lender, for...
CFPB Takes Action Against Debt Collector for Pursuing Disputed and Unverified Cellphone Debts
EOS to Pay More than $2.5 Million in Refunds and Penalties Today the Bureau filed a federal complaint against EOS CCA (EOS), a Massachusetts debt collection...
CFPB Orders Subprime Credit Reporting Company and Owner to Pay $8 Million Penalty for Illegal Practices
Company Mishandled Consumer Reports, Failed to Investigate Consumer Disputes Today, the Bureau took action against a nationwide credit reporting company...
CFPB Takes Action Against Online Lender for Deceiving Borrowers
Bureau Alleges Integrity Advance Misrepresented the Cost of Loans, Seeks Redress for Borrowers The Bureau took action today against an online lender...
CFPB Takes Action Against Nationwide Student Financial Aid Scam
Operation Ripped Off Students and Families Applying for College Financial Aid Today, the Bureau announced it is taking action to halt a nationwide student...
CFPB Takes Action Against Two of the Largest Employment Background Screening Report Providers for Serious Inaccuracies
General Information Services and Affiliate Failed to Verify the Accuracy of Consumer Reports Sold to Employers about Job Applicants Today, the Bureau took...
CFPB Wins Default Judgment Against Corinthian Colleges for Engaging in a Predatory Lending Scheme
Court Rules that Corinthian Engaged in Deceptive Lending Practices and Illegal Debt Collection Practices Yesterday, at the request of the Bureau, a federal...
CFPB Orders Servicemember Auto Loan Company to Pay $3.28 Million for Illegal Debt Collection Tactics
Bureau Sued Auto Lender Earlier This Year for Deception and Threats to Contact Commanding Officers Today the Bureau filed an administrative order against...
CFPB Orders Indirect Auto Finance Company to Provide Consumers $44.1 Million in Relief for Illegal Debt Collection Tactics
Westlake Services and Wilshire Consumer Credit Pressured Borrowers with Illegal Threats and Phony Caller IDs.
CFPB Takes Action Against Fifth Third Bank for Auto-Lending Discrimination and Illegal Credit Card Practices
Company to Pay $18 Million to Minority Auto Borrowers, $3 Million to Credit Card.
Prepared Remarks of CFPB Director Richard Cordray on Hudson City Savings Bank Enforcement Action Press Call
Thank you. Today the Bureau and the Department of Justice are announcing a joint action against Hudson City Savings Bank for illegal redlining. We are...
CFPB and DOJ Order Hudson City Savings Bank to Pay $27 Million to Increase Mortgage Credit Access in Communities Illegally Redlined
Bank Illegally Denied Black and Hispanic Neighborhoods Fair Access to Mortgages Today, the Bureau and the Department of Justice (DOJ) announced a joint...
CFPB Monthly Complaint Snapshot Spotlights Mortgage Complaints
Report Also Includes In-Depth Look at Consumer Complaints in Denver, Colo. Today, the Bureau released its latest monthly consumer complaints snapshot, which...
CFPB Sues World Law Group for Charging Illegal Fees and Making False Promises in Debt-Relief Scheme
Lawsuit Names Individuals Responsible for Bilking $67 million from 21,000 Consumers Today the Bureau announced that it has obtained a preliminary injunction...
CFPB Takes Action Against the Two Largest Debt Buyers for Using Deceptive Tactics to Collect Bad Debts
Encore and Portfolio Recovery Associates Must Refund Millions of Dollars and Overhaul Debt Collection and Litigation Practices Today the Bureau took action...
Prepared Remarks of CFPB Director Richard Cordray on Call About Encore and Portfolio Recovery Associates Enforcement Action
Thank you all for joining us on this call. Today the Bureau is taking action against Encore Capital Group and Portfolio Recovery Associates, the two largest...
CFPB and New York Department of Financial Services Sue Pension Advance Companies for Deceiving Consumers About Loan Costs
Companies Hid Loan Interest Rates and Fees and Deceived Consumers About Other Terms of the Deal Today the Bureau and the New York Department of Financial...
Page last modified @