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Americans to get one-time payment from $384m pot after company 'deceived' them
The US Sun· 3 hours agoThink Finance reportedly tricked consumers into repaying loans they didn't owe. The Consumer...
Victims of Think Finance loan repayment scam to get $384 million
CBS News via Yahoo Finance· 14 hours agoCFPB through its victims relief fund, also known as the Civil Penalty Fund. "Too often, victims of...
CFPB Sues Think Finance For Phantom Loan Scheme
National Mortgage Professional· 12 hours agoThe Consumer Financial Protection Bureau (CFPB) is cracking down on financial institutions attempting to collect phantom debt from borrowers that is old,...
CFPB releases report on costs of HSAs | JD Supra
JD Supra· 19 hours agoThe CFPB reported that consumers owned 36 million HSAs in 2023, and these HSAs held over $116 billion in assets – a 500 percent increase over the past decade. The
CFPB distributes $384m to 191,000 victims of Think Finance’s illegal lending practices
Retail Banker International via Yahoo Finance· 1 day ago“Too often, victims of financial crimes are left without recourse even when the companies that harm...
JD Supra: CFPB Casts Larger Net over Credit Data Brokers, Furnishers, and Reporting Agencies.
JD Supra· 6 days agoProtection Bureau (“CFPB”) is making strides in the consumer credit industry, focusing on oversight over its players in order to protect consumer data. In the first week of ...
Texas judge stops Biden Administration rule that caps credit card late fees at $8
FOX Business· 6 hours agoThe Biden Administration has been trying to create laws and rules that would limit "junk fees"...
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...
More than 5,000 CT residents to share $12.5 million following Think Finance payout
The News-Times· 1 day agoAnnounced Tuesday by the federal Consumer Financial Protection Bureau, the payout works out to about...
JD Supra: CFPB issues new circular on deceptive practices in connection with marketing remittance...
JD Supra· 5 days agoCFPB’s Remittance Rule. The circular is intended to address CFPB concerns regarding fees charged on international money transfers and false claims regarding ...