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CFPB distributes $384m to 191,000 victims of Think Finance’s illegal lending practices
Retail Banker International via Yahoo Finance· 10 hours ago“Too often, victims of financial crimes are left without recourse even when the companies that harm...
CFPB Gives $384 Million to Victims of Think Finance Scheme
PYMNTS.com· 12 hours agoEleven years ago, Think Finance was named one of Forbes’ most promising companies. Now, the online...
Chime Users Who Closed Accounts Could Get Up to $150
CNET· 4 days agoThe bureau issued an order that San Francisco-based Chime pay $3.25 million to the CFPB victim’s relief fund as a penalty and at least $1.3 million to...
More than 5,000 CT residents to share $12.5 million following Think Finance payout
The News-Times· 16 hours agoAnnounced Tuesday by the federal Consumer Financial Protection Bureau, the payout works out to about...
JD Supra: CFPB Casts Larger Net over Credit Data Brokers, Furnishers, and Reporting Agencies.
JD Supra· 5 days agoIn the first week of April, CFPB Director Rohit Chopra delivered remarks at the White House on increasing credit and ...
CFPB Report and Hearing with DOT Highlight Risks with Rewards Programs | JD Supra
JD Supra· 2 days agoThe report was released in conjunction with a hearing co-hosted with the Department of Transportation and featuring remarks and a moderated panel discussion with CFPB < ...
The feds may crack down on credit-card rewards programs. Here’s what that means for your points and...
Market Watch· 5 days agoCFPB Director Rohit Chopra and Transportation Secretary Pete Buttigieg criticized the programs,...
JD Supra: CFPB issues new circular on deceptive practices in connection with marketing remittance...
JD Supra· 4 days agoThe circular is intended to address CFPB concerns regarding fees charged on international money transfers and false claims regarding the speed of such transfers. According ...
13,000 Illinoisans to divvy up $15 million in finance scam settlement
Chicago Sun-Times· 7 hours agoAbout $15 million will be distributed to 13,413 Illinois residents, averaging about $1,100 per...
CFPB Says It Is Monitoring Credit Card Rewards Programs
PYMNTS.com· 6 days ago“Credit card companies promise upfront benefits for signing up and using their rewards card, but...