Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
The CFPB today will finally publish its final rule on payday and vehicle title loans — released in Oct. 5 – with an effective day in mid-January (60-days after publication in the Federal Register). As […]
Allowable charges will remain unchanged at $12 under the Fair Credit Reporting Act (FCRA), according to a notice set to published Thursday in the Federal Register by the Consumer Financial Protection Bureau (CFPB). The rate […]
Saying he will step down before the end of the month, and without revealing future plans, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray Wednesday shared with agency staff that his tenure is ending. Separately […]
Online testing of ATM/debit card overdraft disclosures is being developed by the Consumer Financial Protection Bureau (CFPB) to explore consumer understanding – and decision making – in response to overdraft disclosure forms, according to bureau […]
Thirty-two items under five sections are outlined under Senate financial institution regulatory relief, as sponsored Monday by eight Republicans, eight Democrats and one independent. A key portion of the regulatory relief package: Section 401, which […]
A web-based survey intended to gauge responses by consumers to debt collection disclosure forms is under development by the Consumer Financial Protection Bureau (CFPB), according to filings by the agency with the Federal Register. The […]
Consumer experience in access to free credit scores – and the performance of organizations, including companies and non-profits, in offering access to the scores – is the subject of a request for information announced by […]
Dollar thresholds of $55,800 or less that will apply for determining exempt consumer credit and lease transactions in 2018 were announced Wednesday by the Federal Reserve and the Consumer Financial Protection Bureau (CFPB). The thresholds […]
Deceiving consumers, including charging them without settling their debts as promised, are among several charges brought against the nation’s largest debt settlement services provider in a lawsuit brought Wednesday by the Consumer Financial Protection Bureau […]
Kristen Donoghue, principal deputy for enforcement for the Consumer Financial Protection Bureau (CFPB) will become the agency’s next enforcement chief, according to press reports. Donoghue would succeed Anthony Alexis in the post, who announced in […]
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