Chester County News and Community Website
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
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
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
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 WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken decisive action against NewDay Financial, LLC, known as NewDay USA, for deceptive practices targeting active-duty servicemembers and veterans. The …
Discover How NewDay USA Misled Veterans: What the CFPB Uncovered! Read More
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 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 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
WASHINGTON, D.C. — In the world of banking, another scandal unfolds as the Consumer Financial Protection Bureau (CFPB) brings the hammer down on Fifth Third Bank. The bank, with an …
Fifth Third Bank Racked with $20M Fine for Illegal Practices Read More WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has brought the hammer down on a major reverse mortgage servicing operation. This decisive action follows a concerning discovery by the …
Crackdown on Reverse Mortgage Servicers: A Victory for Aging Homeowners Read More