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Americans to get one-time payment from $384m pot after company 'deceived' them
The US Sun· 6 days 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· 7 days ago"Too often, victims of financial crimes are left without recourse even when the companies that harm...
CFPB Targeting ‘Lack of Competition’ in Credit Reporting, Credit Scores
PYMNTS.com· 1 day agoIn prepared remarks for a speech at a Mortgage Bankers Association conference, CFPB Director Rohit ...
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 closes down and fines Western Benefits $400,000 for swindling student borrowers
Retail Banker International via Yahoo Finance· 1 day ago“The burden of student debt has spawned scores of scams,” said CFPB Director Rohit Chopra. “Student...
CFPB Hints at Future Regulatory Action Targeting Credit Card Rewards Programs | JD Supra
JD Supra· 2 days agoThe same day, the CFPB and the Department of Transportation held a joint hearing to examine airline and credit card rewards programs. The four recurring issues highlighted ...
Vindicated by Supreme Court, CFPB director says bureau will add staff, consider new rules on banks
WIVB Buffalo· 5 days agoNEW YORK (AP) — Since its creation roughly 14 years ago, the Consumer Financial Protection Bureau...
The Supreme Court has emboldened the CFPB, threatening American consumers
The Hill· 2 days agoCourt upheld the Consumer Financial Protection Bureau (CFPB) funding structure, allowing it to...
Chopra says he is ‘open to’ reviewing the LO comp rule
HousingWire via Yahoo Finance· 1 day agocommission compensation and innovation Rohit Chopra, director of the Consumer Financial Protection...
Fintech lender SoLo Funds is being sued again by the government over its lending practices
TechCrunch· 2 days ago“The CFPB is suing SoLo for using digital trickery to hide interest and fees on its online loans,” ...
