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Victims of Think Finance loan repayment scam to get $384 million
CBS News via Yahoo Finance· 7 days agoSince its creation in 2010, the CFPB has distributed about $19 billion to more than 195 million...
CFPB Brings Lawsuit Against FinTech Company for its Alleged Deceptive Practices and for Allegedly...
JD Supra· 21 hours agoThe CFPB's complaint demands the following relief: a permanent injunction against the company from committing future violations of the Consumer Financial ...
CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 1 day agoIn addition, if a consumer has concerns or questions about a reverse mortgage, a loan product, they...
CFPB Hints at Future Regulatory Action Targeting Credit Card Rewards Programs | JD Supra
JD Supra· 2 days agoOn May 9, 2024, the Consumer Financial Protection Bureau (CFPB) published a report highlighting common themes in complaints received from consumers, including ...
CFPB Orders Western Benefits Group to Cease Operations, Pay $400,000
PYMNTS.com· 1 day agoThe agency’s order also rescinds all the company’s existing agreements with consumers, the CFPB said...
Consumer Financial Protection Bureau (CFPB) Sues Fintech SoLo Funds For "Deceiving" Borrowers |...
Crowdfund Insider· 1 day agoThe Consumer Financial Protection Bureau (CFPB) has sued the online lending platform SoLo Funds for claims the Fintech deceived borrowers about the total cost of loans. The ...
More twists and turns in industry lawsuit challenging CFPB credit card late fee rule | JD Supra
JD Supra· 21 hours agoAfter bouncing from the Texas federal district court to the D.C. federal district court to the Fifth Circuit and back again to the Texas federal district court, the industry lawsuit challenging ...
CFPB Considering Increased Regulation of Credit Card Rewards Programs | JD Supra
JD Supra· 2 days agoOn May 9, 2024, the CFPB released a comprehensive report detailing its findings on challenges reported by consumers regarding their credit card rewards programs. This report ...
CFPB Reports Troubling Trends in Credit Card Rewards Programs | JD Supra
JD Supra· 2 days agoCredit card rewards programs have become increasingly complex in recent years. Especially for credit cards with high annual fees, a key part of attracting interest comes from benefits such as ...
Complaints Reveal the Sneaky Tactics Credit Card Reward Programs Use
CNET· 7 days agoIf you’ve tried to earn or redeem credit card rewards over the last decade, you probably won’t be...