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Student loan borrowers may get millions after servicers accused of failure
Newsweek· 22 hours agoThe Consumer Financial Protection Bureau (CFPB) on Monday filed a complaint against two major...
JD Supra: CFPB Casts Larger Net over Credit Data Brokers, Furnishers, and Reporting Agencies.
JD Supra· 2 days agoElections are looming around the corner for President Biden, which means it’s time to show results. In an effort to make an impact, the Consumer Financial Protection Bureau (“CFPB< ...
CFPB’s $8 Credit Card Late Fee Cap Paused by Texas Federal Judge
Bloomberg Law· 17 hours agoJudge Mark T. Pittman of the US District Court for the Northern District of Texas on Friday issued a preliminary injunction pausing the credit card late fee rule because the US Court of Appeals ...
Chime dinged by CFPB for delayed customer refunds
Banking Dive via Yahoo Finance· 4 days 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 Fixes Spotlight on Credit Card Rewards Programs | JD Supra
JD Supra· 1 day agoThis week, the Consumer Financial Protection Bureau (CFPB or Bureau) published an Issue Spotlight focusing on consumer complaints relating to credit card rewards programs.
CFPB Says It Is Monitoring Credit Card Rewards Programs
PYMNTS.com· 2 days agoThe Consumer Financial Protection Bureau (CFPB) said Thursday (May 9) that it will be monitoring...
CFPB Settles Action Against Student Loan Servicer and Securitization Trusts
The National Law Review· 18 hours agoOn May 6, 2024, the CFPB resolved an enforcement action against a group of Delaware student loan trusts and a loan servicer (found here and here) for their failures to adequately ...
CFPB Enters Into Consent Order With Financial Technology Company | JD Supra
JD Supra· 1 day agoOn May 7, 2024, the Consumer Financial Protection Bureau (CFPB) announced that it had entered into a consent order with a financial technology company, resolving allegations ...
CFPB flags up consumer frustrations with credit card rewards programmes
Electronic Payments via Yahoo Finance· 2 days agoThe Consumer Financial Protection Bureau (CFPB) has reported on consumer complaints relating to...
CFPB Announces Action Against Fintech Firm Chime For "Illegally" Delaying Consumer Refunds |...
Crowdfund Insider· 3 days agoThe Consumer Financial Protection Bureau (CFPB) took action against Chime Financial for allegedly...