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Instead of relying on empirical evidence of actual harm, the CFPB crafts policies based on theoretical assumptions. If you're looking for clarity and consistency in regulation, don't look to the CFPB.
The CFPB has vigorously pursued a mission to return billions of dollars to consumers from junk fees and fraud. Since the bureau’s founding in 2011, it has provided over $21 billion in consumer ...
The Consumer Financial Protection Bureau (CFPB) finalized a rule on Oct. 22, to help consumers transfer their information from one financial provider to another, free of charge.
The CFPB has been fighting “junk fees” for years, but whether the ruling will stick has yet to be seen. You could save $200 per year thanks to the CFPB’s new cap on overdraft fees Skip to ...
The CFPB's lawsuit, filed in a U.S. District Court in California, seeks to stop the company's unlawful conduct and a civil money penalty, which would be paid into the agency's victims relief fund.
The CFPB said that seven nonbanks qualify for the new scrutiny. That would include payments services from Apple , Google and Amazon, as well as fintech firms including PayPal and Block and peer-to ...
The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being included on credit reports, potentially freeing up billions in credit. The finalized ...
Ahead of the announcement, CFPB officials said the agency had made some changes to the version originally proposed in response to concerns from industry and public comment, sparing banks with less ...