Chester County News and Community Website
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 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 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
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 WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken enforcement action against American Honda Finance Corporation for inaccurately reporting credit information that impacted the records of approximately 300,000 customers. …
Was Your Credit Unfairly Damaged? CFPB Slams Honda Finance for Shocking Reporting Scandal! Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken enforcement action against Equifax, one of the nation’s largest credit reporting agencies, for serious failures in investigating consumer disputes about …
Did Equifax Fail You? CFPB Slams Credit Giant with $15M Penalty for Outrageous Consumer Failures! Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has announced enforcement measures against Draper & Kramer Mortgage Corporation for engaging in discriminatory lending practices. Draper, based in Downers Grove, Illinois, …
Denied a Fair Chance? CFPB Exposes Draper & Kramer’s Unlawful Discrimination Against Minority Communities! Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken enforcement action against Block, Inc., the company behind the popular peer-to-peer payment service Cash App. Following detailed investigations, the CFPB …
Is Your Cash at Risk? CFPB Exposes Cash App’s Shocking Security Failures and Consumer Betrayals! Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) announced a settlement with the National Collegiate Student Loan Trusts, resolving claims that the Trusts engaged in unlawful debt collection practices affecting …
Did Your Student Debt Spiral Out of Control? CFPB Fights Back to Expose Shocking Collection Scams! Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, N.A., and its parent company, Capital One Financial Corp., accusing the financial giant of depriving …
CFPB Sues Capital One Over Alleged $2 Billion in Lost Consumer Interest Read More