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Today, the Consumer Financial Protection Bureau (CFPB) took action against a web of corporate entities operating under TMX Finance, broadly known as TitleMax, for violating the financial rights of military families and other consumers in providing auto title loans.

The federal Truth-in-Lending Act (TILA) requires lenders and dealers provide you with written disclosures – before you sign your contract – listing your auto loan’s costs and terms.

The Servicemembers Civil Relief Act (SCRA) allows active duty servicemembers to terminate an auto lease without penalty or charges under some circumstances.

CFPB Finds Qualified Students Were Blocked From Affordable Loan Repayment Plans; Updates Student Loan Servicing Exam Procedures.

Today, we're celebrating the two year anniversary of "Know Before You Owe: student loans" — a project to help students better understand their loan options...

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

Every year, millions of American families buy a car – and it will be one of the most significant purchases they make. One key priority for us is protecting...

Credit insurance is optional insurance that is designed to make payments to your lender if you die, lose your job, or become disabled. This insurance is optional.

Risk-based pricing is when a lender offers you less favorable loan terms, such as a higher interest rate.

This summer, we had the pleasure of meeting Dani who shared her story with us. Her story was similar to many of the stories we receive on student debt. She...

After a long process of research, outreach, and review of over one million public comments, the Consumer Bureau today has issued a rule aimed at stopping debt traps on payday and auto title loans.

Thank you for joining us. We are here in Kansas City, known as "the Heart of America," to discuss concerns about payday lending and other types of loans...

But a college degree has the potential to become more of a burden than a blessing for those saddled with unmanageable debt in a tough employment market. We...

Rule Would Require Lenders to Determine Whether Consumers Have the Ability to Repay Payday, Auto Title, and Certain Other High-Cost Loans.

Lenders Must Determine If Consumers Have the Ability to Repay Loans That Require All or Most of the Debt to be Paid Back at Once.

Consumer Financial Protection Bureau (CFPB) Director Richard Cordray issued the following statement responding to news that BMO Harris Bank plans to pay auto dealers a flat percentage of the loan amount to compensate dealers for originating indirect auto loans.

Report warns of the potential domino effects on the economy of high student debt. It also identifies policy and market-based solutions based on the public’s comments that would help borrowers manage their private student loan burden.

This is the second episode of a three-episode “managing your student loans series,” which discusses insight and tools to help veterans, servicemembers, and their qualified family members make decisions on financing their education and selecting the right institution for them.

New data shows payday and similar loans lead to consumers trapped in debt and our proposed rule aims to help those consumers.

This post is part of a series for National Consumer Protection Week Americans owe more than a trillion dollars in student loan debt. That's more than we owe...