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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.
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 ...
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The CFPB lawsuit seeks to stop what it claims is unlawful conduct, obtain compensation for harmed consumers, and obtain a civil money penalty, to be paid into the CFPB’s victims relief fund ...
The CFPB claims Branch “harvested more than $10 million in junk fees as a result” and that hundreds of thousands of dollars were deposited into accounts workers were never able to access.
While banks have cut back on overdraft fees in the past decade, the nation’s biggest banks still take in roughly $8 billion in the charges every year, according to data from the CFPB and bank ...
Capital One Financial Corporation (NYSE:COF) is facing a lawsuit filed by the Consumer Financial Protection Bureau (CFPB), which accuses the bank of cheating millions of consumers out of more than ...