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Consumer Financial Protection Bureau bans excessive credit card late fees
19 Action News Cleveland· 2 hours agoThe Consumer Financial Protection Bureau (CFPB) is banning excessive credit card late fees, lowering...
Director Chopra issues statement on FDIC/OCC/FHA proposal on incentive-based compensation...
JD Supra· 14 hours agoCFPB Director Rohit Chopra has released a statement about the proposal issued by the Federal Deposit Insurance Corporation, Office of the Comptroller of ...
US consumer watchdog fines Chime $3.25 million for delaying refunds
Reuters via Yahoo Finance· 1 day agoThe fine is another example of the CFPB's increasing scrutiny of financial technology companies. The...
Medical Debt Shows Up Less Often on Credit Reports
New York Times· 5 days agoEquifax, Experian and TransUnion — changed how that debt was reported, a federal watchdog agency said this week. Rohit Chopra, the bureau’s director, said ...
CFPB Takes on Credit Card Industry in Court
Bloomberg· 5 days agoRohit Chopra, director of the Consumer Financial Protection Bureau, talks about new rules that cap credit card late fees at $8. He says the credit card...
‘Too Big to Fail’ Banks Have Unfair Advantage, CFPB Chief Says
Bloomberg· 5 days agoThe US banking landscape needs to be more of a level playing field, as fewer financial choices means...
Biden administration orders online banker Chime to pay $4.55 million over delayed refunds to...
NBC News via Yahoo Finance· 1 day agoThe Biden administration has told the online banking group Chime it must pay $4.55 million for...
Chime might owe you money after holding on to your balance refund for too long. Here's what to know
Fast Company Magazine· 1 day agoThe Consumer Financial Protection Bureau (CFPB) has taken enforcement action against consumer...
CFPB Announces Action Against Fintech Firm Chime For "Illegally" Delaying Consumer Refunds |...
Crowdfund Insider· 8 hours agoThe Consumer Financial Protection Bureau (CFPB) took action against Chime Financial for allegedly...
PayPal off hook in CFPB probe into Venmo fund transfers
Compliance Week· 7 days agoIn March, the CFPB told PayPal it was concluding its inquiry without taking action, the company said...