Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
CFPB
Agreement orders debt settlement firm to pay $20 million back to consumers – but discounts $5 million penalty by 10%
A settlement that orders $20 million in restitution to affected consumers, and a $5 million civil money penalty (CMP) has been reached between a large debt-settlement services company and the federal consumer financial protection agency, […]
