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Consumer Financial Protection Bureau

Consumer Financial Protection Bureau (CFPB)
National

FirstCash Settles Military Lending Act Violations, Agrees to $9 Million in Penalties and Redress

July 13, 2025July 13, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) announced on Friday that it has reached a settlement with FirstCash, Inc., and its nineteen subsidiaries to resolve allegations of repeated …

FirstCash Settles Military Lending Act Violations, Agrees to $9 Million in Penalties and Redress Read More

Consumer Financial Protection Bureau (CFPB)
National

CFPB Turns Focus to Protecting Veterans and Small Businesses, BNPL Faces Uncertainty

June 7, 2025June 7, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) announced it will deprioritize enforcement actions related to the Truth in Lending regulation that governs the use of digital user accounts …

CFPB Turns Focus to Protecting Veterans and Small Businesses, BNPL Faces Uncertainty Read More
Consumer Financial Protection Bureau (CFPB)
National

CFPB Shifts Focus Away from ‘Buy Now, Pay Later’ Enforcement

May 11, 2025May 10, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) announced a significant policy adjustment, deprioritizing enforcement actions associated with the Truth in Lending (Regulation Z) concerning the “Buy Now, Pay …

CFPB Shifts Focus Away from ‘Buy Now, Pay Later’ Enforcement Read More

Consumer Financial Protection Bureau (CFPB)
National / Small Business

CFPB Adjusts Enforcement Priorities for Small Business Lending Rule

May 4, 2025May 4, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) announced a shift in its enforcement priorities regarding the Small Business Lending regulation under the Equal Credit Opportunity Act (Regulation B). …

CFPB Adjusts Enforcement Priorities for Small Business Lending Rule Read More
Consumer Financial Protection Bureau (CFPB)
National

CFPB Announces Policy Shift Regarding Nonbank Registry Deadlines

April 13, 2025April 13, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) revealed it will deprioritize enforcement and supervision actions against entities failing to meet upcoming deadlines for the regulation titled Registry of …

CFPB Announces Policy Shift Regarding Nonbank Registry Deadlines Read More

Consumer Financial Protection Bureau Requests Information on the Impact of the CARD Act Regulations on Small Entities and the Consumer Credit Card Market
National

CFPB Shifts Focus, Opens Door to Revising Payday Loan Regulations

March 30, 2025March 29, 2025 - by Maryann Pugh

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) announced on Friday, March 28, that it will be deprioritizing enforcement and supervision actions related to penalties under the Payment Withdrawal …

CFPB Shifts Focus, Opens Door to Revising Payday Loan Regulations Read More
Consumer Financial Protection Bureau (CFPB)
National

CFPB Reverses Course in Shocking Settlement Fallout with Townstone Financial

March 30, 2025March 29, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) is seeking to vacate a settlement reached with Townstone Financial, a small Midwest mortgage firm, following what it describes as years …

CFPB Reverses Course in Shocking Settlement Fallout with Townstone Financial Read More

Money
National

Wise Faces $2.5M Penalty for Misleading Money Transfer Practices

February 3, 2025February 3, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has fined international remittance provider Wise nearly $2.5 million for misleading advertising, failure to disclose fees accurately, and other violations of …

Wise Faces $2.5M Penalty for Misleading Money Transfer Practices Read More
Report
National

Who’s Tracking Your Financial Data? What You Need to Know to Protect Yourself Now!

February 3, 2025February 3, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has published its annual list of consumer reporting companies, offering crucial insights into organizations that collect and sell data on individuals’ …

Who’s Tracking Your Financial Data? What You Need to Know to Protect Yourself Now! Read More
Car dealership
National

Servicemembers Hit Hard by Costly Auto Loans—Why Their Financial Security Is at Risk

February 3, 2025February 3, 2025 - by Maryann Pugh

WASHINGTON, D.C. — A recent report from the Consumer Financial Protection Bureau (CFPB) reveals that U.S. servicemembers face higher financial risks and costs compared to civilian borrowers when securing auto …

Servicemembers Hit Hard by Costly Auto Loans—Why Their Financial Security Is at Risk Read More

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