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Financial service providers

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 (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

Consumer Financial Protection Bureau (CFPB)
National

Discover How NewDay USA Misled Veterans: What the CFPB Uncovered!

September 3, 2024September 2, 2024 - by Maryann Pugh

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
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

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

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