Search results

Results 61-80 of 191

CFPB Report Details Student Borrower Harms from Servicing Failures and Program Disruptions | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/about-us/newsroom/cfpb-report-details-student-borrower-harms-from-servicing-failures-and-program-disruptions/

...released the annual report of the Student Loan Ombudsman, highlighting severe difficulties...the annual report of the CFPB Student Loan Ombudsman, highlighting the severe difficulties...student borrowers due to persistent loan servicing failures and program disruptions

Servicemembers, arm yourself with basic car buying skills—Should you buy a new or used car? | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/about-us/blog/servicemembers-arm-yourself-basic-car-buying-skills-should-you-buy-new-or-used-car/

...make in the car buying process is whether to buy a new or used car. While we can’t...important decision to make before buying a car is whether to buy a new or used vehicle...a new car is more than $35,000 whereas the average price of a used car is around

What is a HUD-approved housing counseling agency, and how can they help me? | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/ask-cfpb/what-is-a-hud-approved-housing-counselor-how-can-they-help-me-en-261/

...having trouble paying your mortgage loan, and make a plan to get you help with...for information about your mortgage loan, such as the amount you owe and the...is generally on your last mortgage loan statement. The housing counselor may

Ready to buy a home? | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/consumer-tools/mortgages/ready-to-buy-a-home/

Get ready to shop around for a home loan....have just a few long-term debts, like car payments? Have you saved money for a...down payment depends on the type of loan. Making a 20% down payment increases

CFPB Considers Proposal to End Payday Debt Traps | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/about-us/newsroom/cfpb-considers-proposal-to-end-payday-debt-traps/

Proposal Would Cover Payday Loans, Vehicle Title Loans, and Certain High-Cost Installment...Installment and Open-End Loans Today the Bureau announced it is considering....Proposal Would Cover Payday Loans, Vehicle Title Loans, and Certain High-Cost Installment...Installment and Open-End Loans WASHINGTON, D.C. — Today the Consumer Financial

Consumer Financial Protection Bureau Settles with Nissan Motor Acceptance Corporation for Illegal Collections and Repossession Practices | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/about-us/newsroom/consumer-financial-protection-bureau-settles-nissan-motor-acceptance-corporation-illegal-collections-and-repossession-practices/

Acceptance Corporation, which services auto loans and leases originated by Nissan and...America, Inc., which services auto loans and leases originated by Nissan and...significantly lower fees; and, in its loan extension agreements, made a deceptive

Why do I need a bank or credit union account? | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/ask-cfpb/why-do-i-need-a-bank-or-credit-union-account-en-2148/

...direct-deposited or to apply for a loan or a mortgage, you usually need a bank...can be easier to get a loan for big purchases like a car or a home. When you apply...apply for a mortgage loan, lenders might not approve your application if you

CFPB Finds Servicemembers Pay More in Auto Lending Market | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/about-us/newsroom/cfpb-finds-servicemembers-pay-more-in-auto-lending-market/

...risks when taking out credit to buy a car....to buy a car. The report analyzes more than 20 million auto loans originated...servicemembers typically have larger loans, make smaller down payments, and ultimately

Veterans: Take advantage of student loan forgiveness, but don’t let it damage your credit | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/about-us/blog/veterans-dont-let-student-loan-forgiveness-damage-your-credit/

...distress – the chance to have their loans discharged (forgiven). Under federal... veterans can seek federal student loan forgiveness if they receive a 100 percent

When should I review my credit report? | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/ask-cfpb/when-should-i-review-my-credit-report-en-312/

...best available terms and rates on a loan....purchase that may involve a loan, such as a house or a car. Before applying for a

CFPB Moves to Thwart Illegal Auto Repossessions | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/about-us/newsroom/cfpb-moves-to-thwart-illegal-auto-repossessions/

...actions, including the illegal seizure of cars, sloppy record keeping, unreliable balance...personal property. “With today’s high car prices, auto lenders and investors might

CFPB Exams Find Unfair, Deceptive, and Abusive Practices Across a Wide Array of Consumer Financial Product Lines | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/about-us/newsroom/unfair-deceptive-abusive-practices-across-wide-array-consumer-financial-product-lines/

...have originated loan balances above the real value of the car being purchased...collection practices while servicing these loans. The latest edition of the Supervisory

How parents can help kids be smarter about money, in everyday situations | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/about-us/blog/how-parents-can-help-kids-be-smarter-about-money-everyday-situations/

...who needed a new car: “My son watched me research cars and car insurance online...online for weeks before I settled on the car I wanted. Then I went to the dealer

What should I do before, during, and after the mortgage closing process? | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/ask-cfpb/what-should-i-do-before-during-and-after-the-mortgage-closing-process-en-1907/

...the closing cost items listed on your Loan Estimate to those on the Closing Disclosure...closing. Note: You will not receive a Loan Estimate or Closing Disclosure if you

CFPB Orders Auto Lenders to Refund Approximately $6.5 Million to Servicemembers | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/about-us/newsroom/cfpb-orders-auto-lenders-to-refund-approximately-6-5-million-to-servicemembers/

Military Installment Loans and Educational Services (MILES) auto loans program, and...products financed along with the auto loans. “The CFPB has a special mission to

What’s ahead for Wells Fargo and its customers | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/about-us/blog/whats-ahead-for-wells-fargo-and-its-customers/

...financial products, including auto loans, mortgages, and bank accounts. Wells...interest charges. Auto loan customers Some auto loan borrowers prepaid for GAP

Navigating the military financial lifecycle | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/consumer-tools/military-financial-lifecycle/

...than 36% on most types of consumer loans. There are laws that spell out what... Before you rush off to the nearest car dealer advertising “Military – low payments

Servicemembers, arm yourself with basic car buying skills—Stand your guard when it comes to add-on products | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/about-us/blog/servicemembers-arm-yourself-basic-car-buying-skills-stand-your-guard-when-it-comes-add-products/

When you buy a car, the dealer might offer you optional products or services...new or used car was right for you. If you traded in your old car, you got a great...great offer and the right price for the car you wanted. You worked out a great rate

9 financial problems after a natural disaster—and what you can do about them | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/about-us/blog/9-financial-problems-after-natural-disasterand-what-you-can-do-about-them/

...collection, credit cards, and other loans. 9 financial issues you might face...contacted their lender or servicer for a loan deferral or suspension, the payments

Comment for 1002.2 - Definitions | Consumer Financial Protection Bureau

https://www.consumerfinance.gov/rules-policy/regulations/1002/2023-08-29/interp-2/

...extend the term of a business or other loan is adverse action. Paragraph 2(c)(1)(ii)...contractual right to accelerate the mortgage loan, the mortgagee may treat the mortgagor