Search for: "CONSUMER FINANCIAL SERVICES"
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13 Feb 2023, 4:10 pm
The New York Department of Financial Services (DFS) has issued final regulations implementing the state’s Commercial Finance Disclosure Law (CFDL) which requires consumer-like disclosures for “commercial financing” transactions of $2.5 million or less. [read post]
20 Oct 2015, 3:59 pm
As reported by DeWayne Sheaffer, President of NEA’s National Council for Higher Education, this past summer the Consumer Financial Protection Bureau (CFPB) listened to the voices of more than 30,000 frustrated Americans, including thousands of NEA members, who were tired of receiving bad or unclear information from their student loan servicers. [read post]
20 Jul 2017, 2:08 am
The Financial Services Consumer Panel (FSCP) has published a position paper on consumers and competition. [read post]
24 Oct 2009, 11:34 pm
CQ Staff: "The House Financial Services Committee approved creation of a Consumer Financial Protection Agency (CFPA), marking a big win... [read post]
20 Jan 2012, 8:53 am
Now, the new federal Consumer Financial Protection Bureau has assumed rulemaking powers, and many supervisory and enforcement powers, for Gramm-Leach-Bliley Act financial privacy matters for all financial institutions and any other persons and entities which offer or provide any consumer financial product or service, including their affiliates which act as a service provider to such persons or entities (Covered Persons). [read post]
22 Feb 2017, 5:32 pm
There is a growing array of services that use consumers’ financial account information to provide financial analysis and facilitate offers of services to consumers. [read post]
26 Nov 2019, 10:56 am
The post Consumer Financial Protection Bureau sued on behalf of student loan borrowers appeared first on JURIST - News - Legal News & Commentary. [read post]
7 Jun 2023, 11:06 am
Certain articles of the CRD will also apply to financial services sold at a distance. [read post]
6 Sep 2020, 10:18 am
Consumer Financial Services Law. [read post]
10 Mar 2022, 7:15 am
The CFPB’s recently-issued request for information takes aim at what the CFPB labels “junk fees” charged by consumer financial services providers. [read post]
1 Nov 2016, 3:38 am
“Sloppy or callous” practices by student loan servicers are still costing consumers money despite stepped-up enforcement efforts, according to a report from the Consumer Financial Protection Bureau (CFPB), which recently returned more than $11 million to more than 225,000 harmed consumers. [read post]
7 May 2012, 1:18 pm
On April 13, 2012 the Consumer Financial Protection Bureau (CFPB) issued Bulletin 2012-03 titled "Service Providers". [read post]
29 Oct 2020, 7:44 am
We are joined by special guest Isaac Boltansky, Director of Policy Research at Compass Point Research & Trading, for a discussion of the potential implications for the consumer financial services industry should Joe Biden win the Presidency and Democrats win control of the Senate while retaining control of the House. [read post]
14 Sep 2014, 4:52 pm
Each year The American College of Consumer Financial Services Lawyers seeks to recognize written contributions to the field of consumer financial services law. [read post]
28 Jun 2023, 8:48 am
On 28 June 2023, the Financial Ombudsman Service (FOS) published a speech by Abby Thomas, Chief Executive and Chief Ombudsman, delivered at the Consumer Duty Implementation Summit. [read post]
2 Nov 2009, 5:36 pm
So the Consumer Financial Protection Agency ("CFPA") made it out of two House Committees last week: the Financial Services Committee and the Energy and Commerce Committee. [read post]
25 Oct 2023, 2:21 am
The proposed directive amends the Consumer Rights Directive (CRD) and repeals the Directive concerning the distance marketing of consumer financial services (Distance Marketing Directive). [read post]
21 May 2018, 11:26 am
Maryland SB 1068, titled the Financial Consumer Protection Act of 2018, represents a scaled down version of an attempt by state lawmakers to regulate student loan servicers. [read post]
1 Nov 2020, 10:00 pm
Members of the US Senate Banking Committee recently introduced a bill to create the Fair Access Financial Services Act of 2020, which is aimed to make any practice of discrimination by a financial institution on the grounds of the consumer’s race, color, religion, national origin, or sex (including sexual orientation and gender identity) expressly illegal. [read post]
1 Nov 2020, 10:00 pm
Members of the US Senate Banking Committee recently introduced a bill to create the Fair Access Financial Services Act of 2020, which is aimed to make any practice of discrimination by a financial institution on the grounds of the consumer’s race, color, religion, national origin, or sex (including sexual orientation and gender identity) expressly illegal. [read post]
