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Financial services industry

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

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
Consumer Financial Protection Bureau
National

CFPB Proposes Rule to Regulate Paycheck Advance Products

July 22, 2024July 22, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has introduced a new rule to regulate paycheck advance products, often marketed as “earned wage” products. The proposal aims to ensure …

CFPB Proposes Rule to Regulate Paycheck Advance Products Read More

Consumer Financial Protection Bureau (CFPB)
National

CFPB Warns Against Unlawful Fine Print in Consumer Contracts

June 9, 2024June 9, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently issued a strong warning against using unlawful or unenforceable terms in contracts for consumer financial products. This move targets companies …

CFPB Warns Against Unlawful Fine Print in Consumer Contracts Read More
Consumer Financial Protection Bureau
National

CFPB Launches Inquiry Into Rising Mortgage Closing Costs and Junk Fees

June 2, 2024June 2, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has initiated a public inquiry into the mounting junk fees that are elevating mortgage closing costs. The bureau aims to uncover …

CFPB Launches Inquiry Into Rising Mortgage Closing Costs and Junk Fees Read More

Woman shopping online at home
National

“Buy Now, Pay Later” No Longer the Wild West: CFPB Rules Lenders Must Provide Full Credit Card Protections

May 27, 2024May 26, 2024 - by Maryann Pugh

WASHINGTON, D.C. — In a significant shift, the Consumer Financial Protection Bureau (CFPB) recently ruled that Buy Now, Pay Later lenders are credit card providers according to the law. This …

“Buy Now, Pay Later” No Longer the Wild West: CFPB Rules Lenders Must Provide Full Credit Card Protections Read More
Consumer Financial Protection Bureau (CFPB)
National

SoLo Funds Under Fire: CFPB Sues Fintech Giant for Deceptive Loan Tactics

May 20, 2024May 19, 2024 - by Maryann Pugh

WASHINGTON, D.C. — Imagine for a moment that you’ve borrowed money under the premise of zero-interested loans, only to be tricked into paying hidden fees disguised as “tips” or “donations”. …

SoLo Funds Under Fire: CFPB Sues Fintech Giant for Deceptive Loan Tactics Read More

Blakely Page
Business

Financial Titan Blakely Page Honored with HeartShare Humanitarian Award for Philanthropic Excellence

April 10, 2024April 9, 2024 - by Timothy Alexander

WAYNE, PA — In a splendid ceremony attended by over 1,500 guests, Blakely Page, a luminary in the capital management sphere, was recently honored with the prestigious HeartShare Humanitarian Award. …

Financial Titan Blakely Page Honored with HeartShare Humanitarian Award for Philanthropic Excellence Read More
Lincoln Financial Group
Regional

Lincoln Financial Group Earns Top Marks from DALBAR for Annuity Illustrations and Life Insurance Website

April 2, 2024April 1, 2024 - by Timothy Alexander

RADNOR, PA – In the competitive world of financial services, where clarity and user experience can significantly impact consumer decisions, Lincoln Financial Group (NYSE: LNC) has distinguished itself once again. …

Lincoln Financial Group Earns Top Marks from DALBAR for Annuity Illustrations and Life Insurance Website Read More

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