The Consumer Financial Protection Bureau Is Being Told to Stop Its Work. 5 Ways That Could Impact Consumers Like You.
In its 14 years, the CFPB has created rules limiting credit card late fees and overdraft penalties, protected consumers from ...
CFPB Workers File Grievance to Block Deferred Resignation Plan
The union representing Consumer Financial Protection Bureau employees says that a deferred resignation proposal from the ...
Equifax Ordered to Pay $15 Million: Here's What Consumers Should Know
Equifax was heavily fined by the Consumer Financial Protection Bureau for not adequately investigating consumer credit report ...
How to Submit a Complaint to the CFPB
The Consumer Financial Protection Bureau is a federal agency that protects consumers from predatory lenders and credit card ...
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Upset about your credit card interest rate? The CFPB wants to hear from you
The Consumer Financial Protection Bureau (CFPB) has begun an investigation into credit card interest rates. The agency is encouraging consumers to submit their thoughts on their rates, terms ...
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Equifax Fined $15M For Inaccurate Credit Scores, Mishandling Disputes: CFPB
One of the nation’s largest credit reporting agencies has been fined $15 million for issuing inaccurate credit scores and failing to properly investigate consumer disputes, officials said. Equifax ...
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CFPB Fines CashApp $175 Million for Allegedly Mishandling Fraud Claims
The Consumer Financial Protection Bureau fined Cash App and its parent company, Block, $175 million Thursday for how it handled customer fraud complaints ... said CFPB Director Rohit Chopra.
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CFPB sued for trying to regulate digital payment apps more like banks
Two major tech trade groups are challenging the Consumer Financial Protection Bureau’s (CFPB) effort to treat payment apps and digital wallets like banks. In a lawsuit filed in federal court in ...
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US CFPB fines Cash App-parent Block over insufficient fraud protection
"When things went wrong, Cash App flouted its responsibilities and even burdened local banks with problems that the company caused," said CFPB Director Rohit Chopra. In response, Block said the ...
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Block agrees to pay up to $120 million in refunds to resolve Cash App fraud
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Tech Groups Sue to Block CFPB Rule Targeting Apple, Google (2)
The CFPB failed to show that digital payment companies subject to the agency’s “larger participant” rule posed a risk to consumers as required under the 2010 Dodd-Frank Act, TechNet and NetChoice LLC ...
Tech Groups Sue US CFPB to Block Rule on Payment Apps, Digital Wallets
(Reuters) - Two technology trade groups sued the U.S. Consumer Financial Protection Bureau on Thursday to block a new rule giving the regulator supervisory authority over payment apps and digital ...