The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.
Experian was sued by the Consumer Financial Protection Bureau, which accused the Costa Mesa-based credit bureau of failing to properly probe consumer disputes.
The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users ...
The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...
Just days before the inauguration, the Consumer Financial Protection Bureau (the CFPB) issued guidance to states in a report titled, ...
A recent court order issued in New York should concern any financial institutions that allow consumers to initiate wire ...
They especially hate the 14-year-old Consumer Financial Protection Bureau. But most voters in both major parties support its work. Musk and Andreessen recently made their case publicly.
Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.
The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To be effective, it must innovate, not regulate.
The CFPB reports a rise in auto repossessions in December 2022, surpassing pre-pandemic levels, and an increased use of third-party forwarders, raising costs for consumers.
The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing ...
Experian, one of the nation’s largest credit bureaus, was sued Tuesday by the Consumer Financial Protection Bureau for allegedly improperly handling consumer disputes, which could lead to lower ...