Finance

Finance

CFPB Orders American Express to Pay $85 Million Refund to Consumers Harmed by Illegal Credit Card Practices

Federal Regulators Fine American Express an Additional $27.5 Million WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today...
Finance

Fair Credit Reporting Act (FCRA) examination procedures

SummaryThe Fair Credit Reporting Act (FCRA) became effective...
Finance

Truth in Savings Act (TISA) examination procedures

SummaryRegulation DD (12 CFR Part 1030), which implements...
Finance

FTC Issues Orders to Social Media and Video Streaming Platforms Regarding Efforts to Address Surge in Advertising for Fraudulent Products and Scams

With fraud on social media surging, the Federal Trade Commission has issued orders to eight social media and video streaming platforms seeking information on...
Finance

Consumer Leasing Act (CLA) examination procedures

SummaryFor consumers, leasing is an alternative to buying...
Finance

FTC Launches Inquiry into Small Business Credit Reports

The Federal Trade Commission has launched an inquiry into the small business credit reporting industry, ordering five firms in that industry to provide the...
Finance

FFIEC Statement on the Impact of Drought Conditions on Financial Institutions

###The Consumer Financial Protection Bureau (CFPB) is a 21st century agency that helps consumer finance markets work by making rules...
Finance

Consumer Financial Protection Bureau Report Finds Private Student Loan Borrowers Face Roadblocks to Repayment

Complaints of Surprises, Runarounds, and Dead-Ends Similar to Problems Found in Mortgage Servicing WASHINGTON, D.C. — The Consumer Financial...
Finance

CFPB Proposes Making it Easier for Stay-at-Home Spouses and Partners to Get Credit Cards

WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) proposed updates to existing regulations to make it...
Finance

CFPB Report Finds Servicemembers Face Hurdles in Accessing Student Loan Benefits

CFPB Partners with Department of Defense to Educate and Protect Members of the Military WASHINGTON, D.C. — Today the...
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