Chester County News and Community Website
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has announced the distribution of $1.8 billion to 4.3 million consumers who were charged illegal advance fees and subjected to misleading advertising …
CFPB Distributes $1.8 Billion to Consumers Harmed by Unlawful Credit Repair Practices Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has announced enforcement actions against Climb Credit, a private student lender, and its controlling investor, 1/0 (“One Zero”), for engaging in deceptive …
CFPB Moves Against Climb Credit Over Misleading Practices in Student Lending Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has announced enforcement actions against Student Loan Pro and its owner, Judith Noh, permanently barring them from offering consumer financial products or …
CFPB Bans Student Loan Pro and Owner from Offering Financial Services Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has announced a proposed rule aimed at regulating data brokers who sell sensitive personal and financial information, introducing stricter protections under the …
CFPB Proposes Rule to Tighten Oversight of Data Brokers and Safeguard Consumer Privacy Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has finalized a groundbreaking rule to enhance oversight of the largest nonbank companies facilitating digital payments and wallets. This move addresses the …
CFPB Tightens Oversight on Digital Payment Giants in Groundbreaking Consumer Protection Rule Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has released its annual report from the Student Loan Ombudsman, shedding light on persistent challenges faced by student borrowers due to systemic …
Servicing Failures Exposed: CFPB Report Reveals Deepening Crisis for Student Borrowers Read More WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken decisive action against Global Tel Link Corporation (GTL), accusing the company of engaging in illegal practices that deprived incarcerated individuals …
GTL Under Fire: CFPB Penalizes Telecom Giant for Exploiting Incarcerated Populations Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has released its inaugural findings from the Student Loan Borrower Survey, offering a comprehensive look into the effects of debt relief programs …
Debt Relief Revealed: CFPB Survey Uncovers Life-Changing Impacts and Hidden Repayment Challenges Read More
WASHINGTON, D.C. — A recent study by the Consumer Financial Protection Bureau (CFPB) has unveiled significant disparities in the treatment of Black and white small business owners seeking loans. The findings …
Bias in Business Lending: CFPB Study Reveals Racial Disparities in Loan Treatment Read More
WASHINGTON, D.C. — In a recent report, the Consumer Financial Protection Bureau (CFPB) has cast a spotlight on the deficiencies in federal and state-level privacy protections concerning consumers’ financial data. The …
Data Dilemma: CFPB Exposes Flaws in Financial Privacy Protections, Urging Stronger Safeguards Read More