Chester County News and Community Website
The Consumer Financial Protection Bureau (CFPB) has delivered a significant ruling against Toyota Motor Credit Corporation for operating an illegal scheme that prevented borrowers from canceling product bundles, which led …
Consumer Financial Protection Bureau Orders Toyota Motor Credit to Pay $60 Million in Redress and Penalties Read More
The Consumer Financial Protection Bureau (CFPB) has slapped online lender Enova International Inc. with a hefty $15 million fine for its consistent illegal conduct, including unauthorized withdrawals from customers’ bank …
CFPB Fines Enova International $15 Million for Violating Consumer Protection Laws Read More
The Director of the Consumer Financial Protection Bureau (CFPB), Rohit Chopra, made a statement on Friday emphasizing the need for greater market discipline in the shadow banking sector. He highlighted …
CFPB Director Rohit Chopra Calls for Stricter Oversight of Shadow Banking Sector Read More
Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra recently commented on the final guidance regarding climate-related risks. The guidance builds on efforts initiated in October 2021, when Treasury Secretary Janet …
CFPB Director Rohit Chopra Calls for Guidance on Climate-Related Financial Risks Read More
The Consumer Financial Protection Bureau (CFPB) has proposed a rule that would accelerate a shift toward open banking, where consumers would have control over data about their financial lives and …
CFPB Proposes Game-Changing Rule: Unleashing Competition and Powering the Open Banking Revolution Read More
As the world of financial services continues to evolve and grow, businesses need to stay ahead of industry trends in order to remain competitive. Chester County is a thriving region …
Chester County’s Finance Industry: A Comprehensive Overview Read More CFPB Director Rohit Chopra addressed the issue of junk fees in a press call on Wednesday, emphasizing the bureau’s commitment to combating these unfair practices and ensuring a fair economy …
CFPB Takes on Junk Fees: Championing Fairness for Consumers and Businesses Read More The Consumer Financial Protection Bureau (CFPB) recently issued an advisory opinion regarding a provision enacted by Congress that generally prohibits large banks and credit unions from imposing unreasonable obstacles on …
CFPB Empowers Consumers: Say Goodbye to Unfair Fees and Hello to Account Transparency Read More
The Consumer Financial Protection Bureau (CFPB) recently released a special edition of its Supervisory Highlights focused on the agency’s efforts to protect consumers from illegal junk fees. The junk fees …
CFPB Takes a Stand: Protecting Consumers from Illegal Junk Fees & Saving Billions Read More
The Consumer Financial Protection Bureau (CFPB) recently released its annual analysis of residential mortgage data, revealing several significant trends and changes in 2022’s mortgage market. The report, based on data …
Consumer Financial Protection Bureau Reports Significant Changes in 2022’s Mortgage Market Read More