Exploring challenges many consumers face in accessing credit, including strategies and innovations for them to pursue in overcoming barriers and expand their credit access, is the aim of a one-day session planned by the federal […]
The Senate Banking Committee Wednesday postponed Thursday votes on nominations for Kathleen “Kathy” Kraninger to be director of the Bureau of Consumer Financial Protection (BCFP, formerly known as the CFPB), and five others, as the […]
The Bureau of Consumer Financial Protection (BCFP, formerly known as CFPB) is in the process of renewing its collection of consumer and college credit card agreements, and those interested can still submit comments on the […]
Calling it an important step to “promote innovation in the financial services marketplace,” the acting director of the federal consumer financial protection agency late Tuesday praised action by the Treasury Department and the regulator of […]
The Treasury Department on Tuesday released its fourth and final report in a series that responds to the president’s 2017 executive order focusing on regulatory core principles, with this one offering recommendations to “support nonbank […]
A vote on the nomination of Kathleen (“Kathy”) Kraninger to be director of the Bureau of Consumer Financial Protection (BCFP, formerly known as the CFPB) is set for Thursday by the Senate Banking Committee. The […]
Two out of the top three topic areas of the recently concluded “call for evidence” by the federal consumer financial protection agency about how it is performing its role were the subject of roundtables held […]
One week after the “comments due” date had passed on the final of 12 requests for information (RFIs) from the federal consumer financial protection agency, the total of 88,564 letters received overwhelmingly focuses on three […]
A Minnesota banking company has agreed to pay $25 million in restitution to customers for “obscured” overdraft fees that they were charged, and has agreed to an injunction to prevent future violations, the federal consumer […]
A “small dollar lender” which operates under the name “Quik Pawn Shop” (among others) faces a judgment of $1.5 million for failing to properly disclose finance charges associated with its auto title loans – but […]
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