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Consumer Financial Protection Bureau

Cards
National

Are You Paying Hidden Fees? The Truth About Cash-Back Costs at Big Retailers!

September 2, 2024September 2, 2024 - by Maryann Pugh

WASHINGTON, D.C. — A recent report by the Consumer Financial Protection Bureau (CFPB) highlights a growing concern over cash-back fees imposed by large retail stores on American consumers. These fees, …

Are You Paying Hidden Fees? The Truth About Cash-Back Costs at Big Retailers! Read More

A stack of money
National

CFPB Imposes $2 Million Penalty on Fay Servicing for Mortgage Law Violations

August 23, 2024August 23, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has levied a $2 million penalty against Fay Servicing for breaching mortgage servicing laws and failing to comply with a 2017 …

CFPB Imposes $2 Million Penalty on Fay Servicing for Mortgage Law Violations Read More
Contract
National

CFPB Exposes Predatory Practices in Contract-for-Deed Home Financing

August 19, 2024August 19, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently released a critical advisory opinion and research report concerning contract-for-deed home financing. This form of seller financing has gained notoriety for …

CFPB Exposes Predatory Practices in Contract-for-Deed Home Financing Read More

Consumer Financial Protection Bureau (CFPB)
National

CFPB Takes Action Against Credit Repair Cloud and CEO for Illegal Fees

August 12, 2024August 11, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently announced a significant step in its ongoing efforts to protect consumers from unlawful financial practices. The Bureau recently filed a …

CFPB Takes Action Against Credit Repair Cloud and CEO for Illegal Fees Read More
Solar panels on tiled roofs of a house
National

CFPB Issues Warning on Misleading Solar Energy Loans

August 12, 2024August 11, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has issued a spotlight report revealing troubling practices among residential solar lenders. The Bureau highlights instances where lenders mislead homeowners about …

CFPB Issues Warning on Misleading Solar Energy Loans Read More

Solar energy
National

CFPB Warns Homeowners About Risks of Solar Energy Loans Amid Rising Energy Costs

August 12, 2024August 11, 2024 - by Maryann Pugh

WASHINGTON, D.C. — As record heat waves sweep across the nation, many homeowners are seeing a spike in their energy bills. This has led to an increased interest in solar …

CFPB Warns Homeowners About Risks of Solar Energy Loans Amid Rising Energy Costs 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
Regional

CFPB Proposed Rule: Enhancing Financial Data Interoperability for Seamless Oversight

August 5, 2024August 4, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has joined forces with several other federal financial regulatory agencies to propose a new rule aimed at establishing data standards for …

CFPB Proposed Rule: Enhancing Financial Data Interoperability for Seamless Oversight Read More

Consumer Financial Protection Bureau (CFPB)
National

CFPB Sues Acima Over Deceptive Lending Practices

July 29, 2024July 28, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Acima and its former CEO Aaron Allred. The agency accuses them of misleading consumers into high-cost …

CFPB Sues Acima Over Deceptive Lending Practices Read More
Wallet
National

CFPB Report Highlights Hidden Fees in School Lunch Payment Systems

July 28, 2024July 28, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has released a report shedding light on the hidden fees that parents face when paying for their children’s school lunches through …

CFPB Report Highlights Hidden Fees in School Lunch Payment Systems Read More
Consumer Financial Protection Bureau (CFPB)
National

CFPB Warns Companies Against Using Broad NDAs to Muzzle Whistleblowers

July 28, 2024July 28, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has issued a circular alerting law enforcement agencies and regulators about the potential illegality of broad nondisclosure agreements (NDAs) that deter …

CFPB Warns Companies Against Using Broad NDAs to Muzzle Whistleblowers Read More

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