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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 Exposes Unlawful Practices in Auto Finance Industry

October 15, 2024October 14, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has released a revealing report on widespread illegal practices within the auto finance sector, shedding light on the systemic issues affecting …

CFPB Exposes Unlawful Practices in Auto Finance Industry Read More

Loan agreement
National

Consumer Credit and Lease Transaction Thresholds Adjusted for 2025

October 10, 2024October 9, 2024 - by Maryann Pugh

WASHINGTON, D.C. — In a recent update, the Consumer Financial Protection Bureau (CFPB) and the Federal Reserve Board announced revised dollar thresholds for consumer credit and lease transactions that will take …

Consumer Credit and Lease Transaction Thresholds Adjusted for 2025 Read More
Mortgage
National

Mortgage Appraisal Threshold Rises: Impact on Lenders and Borrowers

October 10, 2024October 9, 2024 - by Maryann Pugh

WASHINGTON, D.C. — In a recent announcement, the Consumer Financial Protection Bureau (CFPB), the Federal Reserve Board, and the Office of the Comptroller of the Currency revealed an adjustment to the …

Mortgage Appraisal Threshold Rises: Impact on Lenders and Borrowers Read More

Consumer Financial Protection Bureau
National

CFPB Issues Guidance to Combat Illegal Medical Debt Collection Practices

October 10, 2024October 9, 2024 - by Maryann Pugh

WASHINGTON, D.C. —The Consumer Financial Protection Bureau (CFPB) has released a guidance aimed at curbing unlawful medical debt collection activities. This guidance specifically targets practices by debt collectors, including third-party …

CFPB Issues Guidance to Combat Illegal Medical Debt Collection Practices Read More
Consumer Financial Protection Bureau (CFPB)
National

CFPB Unveils Financial Challenges for Military Community Amid Rising Complaints

September 30, 2024September 30, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has released its annual report detailing significant financial challenges confronting servicemembers, veterans, and military families. The findings paint a concerning picture …

CFPB Unveils Financial Challenges for Military Community Amid Rising Complaints Read More

Consumer Financial Protection Bureau (CFPB)
National

Streamlining Transfers: CFPB’s New Proposal to Revolutionize Remittance Disclosures!

September 23, 2024September 23, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has recently unveiled a proposed rule aimed at refining disclosure requirements for international money transfers, commonly known as remittances. This targeted …

Streamlining Transfers: CFPB’s New Proposal to Revolutionize Remittance Disclosures! Read More
Consumer Financial Protection Bureau (CFPB)
National

Cracking Down on Phantom Fees: CFPB Moves to Protect Consumers from Unseen Overdraft Costs!

September 23, 2024September 23, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently issued new guidance aimed at preventing banks from levying overdraft fees without clear consumer consent. This move targets the practice …

Cracking Down on Phantom Fees: CFPB Moves to Protect Consumers from Unseen Overdraft Costs! Read More

Consumer Financial Protection Bureau
National

Horizon Card Services in Hot Water: CFPB Sues Over Deceptive Credit Practices!

September 16, 2024September 16, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken legal action against Horizon Card Services and its CEO Robert Kane, alleging the company misled consumers through deceptive marketing …

Horizon Card Services in Hot Water: CFPB Sues Over Deceptive Credit Practices! Read More
Consumer Financial Protection Bureau (CFPB)
National

Navient Faces Major Ban: CFPB Cracks Down on Student Loan Misconduct!

September 16, 2024September 16, 2024 - by Maryann Pugh

WASHINGTON, D.C. — In a significant move against one of the largest student loan servicers in the United States, the Consumer Financial Protection Bureau (CFPB) has filed a proposed order …

Navient Faces Major Ban: CFPB Cracks Down on Student Loan Misconduct! Read More
Legal
National

TD Bank Hit with Multi-Million Dollar Penalty for Misleading Consumer Reports – Find Out What Happened!

September 16, 2024September 16, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has mandated TD Bank to pay a total of $7.76 million in redress to tens of thousands of affected consumers, in …

TD Bank Hit with Multi-Million Dollar Penalty for Misleading Consumer Reports – Find Out What Happened! Read More

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