{"id":38519,"date":"2023-03-18T06:03:50","date_gmt":"2023-03-18T10:03:50","guid":{"rendered":"https:\/\/d56fg8tfg.fitnews.club\/finance\/cfpb-to-pursue-discriminatory-lenders\/"},"modified":"2023-03-18T06:03:50","modified_gmt":"2023-03-18T10:03:50","slug":"cfpb-to-pursue-discriminatory-lenders","status":"publish","type":"post","link":"https:\/\/d56fg8tfg.fitnews.club\/finance\/cfpb-to-pursue-discriminatory-lenders\/","title":{"rendered":"CFPB to Pursue Discriminatory Lenders"},"content":{"rendered":"
Bureau Targets Lending Practices that Unlawfully Price Out, Cut Off Specific Segments of the Population<\/strong><\/em><\/p>\n WASHINGTON, D.C.<\/strong> \u2013 Today, the Consumer Financial Protection Bureau (CFPB) announced that it will use all available legal avenues, including disparate impact, to pursue lenders whose practices discriminate against consumers. The Bureau will equip consumers with the information they need to spot the warning signs of discrimination.<\/p>\n \u201cWe want consumers to avoid the marketplace\u2019s silent pickpocket\u2014discrimination,\u201d said CFPB Director Richard Cordray. \u201cWe cannot afford to tolerate practices, intentional or not, that unlawfully price out or cut off segments of the population from the credit markets. That\u2019s why the CFPB is educating consumers about their fair lending rights and pursuing lenders whose practices are discriminatory.\u201d<\/p>\n Whether applying for an auto loan, credit card, student loan, mortgage, or other consumer credit product, consumers need to know their rights as well as the red flags that may indicate possible discrimination. The CFPB has compiled tips and warning signs <\/span>