Search results

This report summarizes key areas of concern in medical debt collections and reporting. The report begins with a section describing the medical debt landscape. It then discusses the negative consequences of medical debt for consumers. Next, it outlines the impact of the COVID-19 pandemic on medical debt. The report concludes with a brief discussion of federal and state regulatory developments.

The Consumer Financial Protection Bureau (Bureau) today settled its lawsuit against Freedom Debt Relief, LLC, the nation’s largest debt-settlement services provider.

The Federal Financial Institutions Examination Council (FFIEC), on behalf of its members, today released observations from the recent cybersecurity...

Today, the CFPB released a report on medical billing and collection practices in our country. Medical bills are the most common debt in collections reported on our credit reports. Our own review suggests that roughly 43 million people had medical bills on their credit report, in June 2021, with the total outstanding amount around $88 billion.

Bureau Recovered $6.1 Million for 16,000 Consumers Harmed By Auto Loan Originators.

The CFPB is convening government enforcers to sharpen our combined efforts to protect consumers as tech reshapes the financial marketplace.

On December 15–16, 2022, the CFPB hosted its sixth research conference on consumer finance.

How to talk with school-age children and preteens about saving.

The OAA docket includes all public documents filed in administrative proceedings before the Office of Administrative Adjudication. The docket does not include documents containing confidential information covered under a protective order or other order authorizing confidential treatment.

Five federal financial institutions regulators and state regulators encourage financial institutions to work with consumers affected by the federal government shutdown.

A PACE (Property Assessed Clean Energy) loan gives you a way to borrow money for home improvements by increasing your property tax payment.

Five Federal financial regulatory agencies issued a joint statement on the use of alternative data in underwriting by banks, credit unions, and non-bank financial firms.

Frequently asked questions (FAQs) on the TILA-RESPA Integrated Disclosure (TRID) rule, also known as Know Before You Owe (KBYO).

Information on submitting a petition for rulemaking to the Consumer Financial Protection Bureau.

Your mortgage lender is the financial institution that originally loaned you the money. Your mortgage servicer is the company that sends you your mortgage statements and handles the day-to-day tasks for managing your loan.

Amendments to the 2013 mortgage rules issued by the Bureau related to Regulation Z (TILA) and Regulation X (RESPA).

Coordinated Action with Office of the Comptroller of the Currency Requires Bank to Reimburse Affected Borrowers and Pay $1 Billion Fine.

During the coronavirus pandemic, people may turn to family and friends for financial help and support. Navigate those support networks successfully with this worksheet.

This policy statement informs consumer reporting agencies and furnishers of the Bureau’s flexible supervisory and enforcement approach during this pandemic regarding compliance with the Fair Credit Reporting Act (FCRA) and Regulation V.

Pursuant to the Dodd-Frank Act and the Fair Credit Reporting Act, as amended, the Bureau published for public comment an interim final rule establishing a...