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Consumer Financial Protection Bureau

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

Loan agreement
National

How Cashing Out on Your Home Could Risk Your Future—New Report Reveals Shocking Truths!

January 26, 2025January 26, 2025 - by Maryann Pugh

WASHINGTON, D.C. — A new report from the Consumer Financial Protection Bureau (CFPB) highlights significant credit and debt trends among borrowers who opted for cash-out refinance mortgages between 2014 and …

How Cashing Out on Your Home Could Risk Your Future—New Report Reveals Shocking Truths! Read More

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