Search results
CFPB Applies Consumer Credit Card Protections to Buy Now, Pay Later Plans | JD Supra
JD Supra· 3 days agoBuy Now, Pay Later (“BNPL”) payments are often presented by retailers and BNPL lenders to consumers as an alternative to traditional credit card...
CFPB to Create Registry of Consumer Law-Breaking Nonbank Financial Companies
PYMNTS.com· 3 days agoThe Consumer Financial Protection Bureau (CFPB) issued a final rule to establish a registry of...
New CFPB Interpretive Rule to Regulate BNPL | JD Supra
JD Supra· 3 days agoThe Consumer Financial Protection Bureau (CFPB ) has issued an interpretive rule stating that Buy Now, Pay Later (BNPL) loan providers are "card issuers" under Subpart B of ...
CFPB Pursues Enforcement Action Following HMDA Reporting Inaccuracies
The National Law Review· 6 days agoOn May 16, the CFPB filed a motion for summary judgement in the U.S. District Court in the Southern District of Florida seeking a $20 million civil penalty against a California-based ...
US financial watchdog announces registry of nonbank corporate offenders
Reuters via Yahoo Finance· 3 days ago"Too many American families and businesses have been harmed by repeat offenders in a rinse repeat...
CFPB sues student loan servicer PHEAA for pursuing borrowers for loans discharged in bankruptcy
Retail Banker International via Yahoo Finance· 6 days agoThe Consumer Financial Protection Bureau (CFPB) has sued student loan servicer Pennsylvania Higher...
CFPB Sues PHEAA, Alleging Illegal Collections on Student Loans
PYMNTS.com· 6 days agoThe Consumer Financial Protection Bureau (CFPB) has sued student loan servicer Pennsylvania Higher...
A major student-loan company has 'illegally' tried to collect payments from borrowers whose balances...
Business Insider via Yahoo News· 6 days agoRohit Chopra, director of the Consumer Financial Protection Bureau (CFPB).Michael A. McCoy/Getty...
U.S. Supreme Court Upholds CFPB’s Funding Mechanism as Constitutional | JD Supra
JD Supra· 4 days agoBureau v. Community Financial Services Association of America, determining once and for all that the Consumer Financial Protection Bureau’s (“CFPB”) self-funding mechanism ...
Consumers and Small Businesses to Help Set Open Banking Standards
PYMNTS.com· 1 day agoNews came Wednesday (June 5) that the Consumer Financial Protection Bureau (CFPB) has set in motion...