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CFPB takes action against Chime Financial for illegally delaying consumer refunds
Retail Banker International via Yahoo Finance· 3 hours agoThe Consumer Financial Protection Bureau (CFPB) has taken enforcement against Chime Financial. The ...
Chime might owe you money after holding on to your balance refund for too long. Here's what to know
Fast Company Magazine· 6 hours agoThe Consumer Financial Protection Bureau (CFPB) has taken enforcement action against consumer...
Chime Financial and CFPB Reach Settlement on Delayed Balance Refunds
PYMNTS.com· 9 hours agoChime Financial will pay at least $1.3 million in redress to consumers and $3.25 million in...
US consumer watchdog fines Chime $3.25 million for delaying refunds
Reuters via Yahoo News· 10 hours agoDigital bank Chime will pay a penalty of $3.25 million to the U.S. Consumer Financial Protection...
If You Closed a Chime Account, the Banking App Might Owe You $150 or More. Here's Why
The Motley Fool· 5 hours agoPopular banking app Chime is in the hot seat. As of May 2024, the Consumer Finance Protection Bureau (CFPB) filed an enforcement action against Chime for not paying customers ...
Chime dinged by CFPB for delayed customer refunds
Banking Dive via Yahoo Finance· 13 hours ago“When Chime discovered the issue, we worked with our vendor to resolve the error and issued refunds to impacted consumers,” a Chime spokesman said,...
CFPB Rule 1033 Will Hasten Shift to Open Banking in US
PYMNTS.com· 17 hours agoBack in October, the Consumer Financial Protection Bureau (CFPB) made public a new rule about data...
CFPB Alleges Organizations Ignored Student Loan Borrowers’ Payment Relief Requests
PYMNTS.com· 1 day agoThe Consumer Financial Protection Bureau (CFPB) has filed a complaint against the National...
CFPB Study Finds Consumers Pay More When Pricing Is Complex | JD Supra
JD Supra· 18 hours agoOn April 30, 2024, the Consumer Financial Protection Bureau (CFPB) published a report on a study investigating the effects of complex pricing structures and increased competition ...
CFPB Flexes Nonbank Supervisory Authority—State AG Targets Should Take Note | JD Supra
JD Supra· 2 days agoBureau recently invoked supervisory authority over a nonbank lender, World Acceptance Corp., one of the largest small-dollar installment lenders in the country. Given the close and ever-increasing ...