I am pleased to join Secretary King and Deputy Secretary Raskin to take this step toward reforming the student loan servicing market. This is an important...
The Bureau hosted its 5th Research Conference that highlighted recent research in consumer and household finance. The conference brought together members of the academic and policy research communities, including a keynote address by Raphael Bostic, President of the Federal Reserve Bank of Atlanta.
Deputy Director Martinez's remarks at the April 8, 2022 Academic Research Council.
Thank you so much for having me here today as you discuss the aftermath of the financial crisis and the future of banking regulation. I know many of you are...
Today, we are proposing a new rule to bring strong consumer protections to the prepaid market. Consumers need and deserve to be able to use sustainable...
A medical emergency or treatment could turn into an unexpected financial crisis. Learn your rights, how to protect your credit, and how to steer clear of pitfalls.
The U.S. Department of Education announced the cancellation of $5.8 billion in federal student loans for 560,000 individuals who borrowed to attend schools owned by Corinthian Colleges, the for-profit college conglomerate that is now defunct.
There are certain occasions in everyone's life when one decision can have long-lasting effects. How will you pay for college? Which mortgage should you...
The CFPB sued student loan servicer Pennsylvania Higher Education Assistance Agency for illegally collecting on student loans that have been discharged in bankruptcy and sending false information about consumers to credit reporting companies.
Credit cards can help you build and maintain good credit, as long as you use your cards responsibly and pay your bills on time each month.
The CFPB honors and supports the military community during National Veterans and Military Families Month with new tools and resources.
CFPB Issues Advisory Offering Tips to Borrowers on Protecting Family Members Today the Bureau released a report highlighting the top complaints for reverse...
The most effective financial education can be delivered at the point when employees are making their benefits decisions—"just in time" modules that guide...
The Consumer Financial Protection Bureau (CFPB) took action today against an income share agreement (ISA) provider for mispresenting its product and failing to comply with federal consumer financial law that governs private student loans.
Thank you for having me here today. I am very pleased to be able to join so many experts in consumer finance, a field whose interdisciplinary nature...
Numerous student loan borrowers recently submitted complaints to the Consumer Financial Protection Bureau (CFPB) about companies that promised them student loan forgiveness or loan forbearance in exchange for fees amounting to hundreds or thousands of dollars. Borrowers believed they were talking to their servicer or a company authorized by the Department of Education because they often knew private information such as the borrower’s loan balance or recent consolidation activity. This is fraud.
Director Chopra remarks at the April 6, 2022 CAB meeting.
If you can’t pay your mortgage or are worried about missing a mortgage payment, call your mortgage servicer right away.
On December 15–16, 2022, the CFPB hosted its sixth research conference on consumer finance.
New Rule Includes ‘Know Before You Owe’ Prepaid Disclosures.
