Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
Risks that “employer-driven debt” poses to workers – by allegedly tying workers to their employers that pay for retraining or other education as a condition of employment – is outlined in a report issued Thursday […]
Utah firm faces lawsuit for ‘bullying, luring,’ threatening consumers in lease to own deals Using words such as “bullying,” “luring” and “threats” to describe actions taken against consumers, the federal consumer financial protection agency Wednesday […]
“Critical financial consumer protection issues” will be the focus of joint talks between the federal consumer financial protection agency and its European counterpart, the agencies said Monday. In their joint statement, the Consumer Financial Protection […]
The “small business lending rule” issued by the federal consumer financial protection agency will be the subject of a webcast by the agency set for July 25, the agency announced Monday. The Consumer Financial Protection […]
A company called Prehired that operated a vocational training program was sued Thursday by the Consumer Financial Protection Bureau (CFPB), several state attorneys general and California’s financial protection agency over deceptive marketing and debt collection […]
Input is due Sept. 11 on a request for information about medical payment products, patients’ experiences with them, and health care providers’ incentives to offer the high-cost products to patients, according to a notice in […]
Title: Request for Information Regarding Medical Payment Products Subject: Medical payment products Agency: CFPB, Treasury, Centers for Medicare & Medicaid Services Status: Request for information Summary: The CFPB, an independent agency, HHS, and the […]
Penalties and restitution totaling more than $160 million against Bank of America for assessments of allegedly illegal overdraft and insufficient funds fees were announced Tuesday by the regulator of national banks and the federal consumer […]
Credit cards and loans, often with high interest rates, allegedly pushed onto patients to pay for their health care costs are under scrutiny by three federal agencies, including the consumer financial protection group. The three […]
Payments to consumers from a $3.5 million settlement reached three years ago over the charging of illegal fees charged to ostensibly reduce or eliminate federal student loans are being sent as of Thursday, the federal […]
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