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8 Aug 2017, 10:57 am
Unlike the majority of the CFPB’s regulations, which cover specific financial products or services, the Rule applies across a wide swath of traditional and online consumer financial products and services, including among other things deposit accounts, credit cards and consumer reporting products. [read post]
15 Feb 2008, 9:52 pm
” In this action, the consumer alleges that Afni falsely threatened to report a very old debt that, if reported, would not comply with the Fair Credit Reporting Act, another federal consumer protection statute. [read post]
16 Mar 2012, 4:35 am
As we reported, Director Cordray has stated that the CFPB will be entering into a Memorandum of Understanding with state attorneys general to share information on consumer financial protection issues. [read post]
5 Jan 2012, 2:58 am
As reported in the Boston Globe, The FDA is telling consumers who own the ShoulderFlex Massager not to use it. [read post]
13 Apr 2006, 2:57 pm
According to a report released by the Federal Reserve last week, total outstanding consumer credit in February stood at $2,166,200,000,000--up $4 billion from the third quarter of 2005, the last quarter before the rush of bankruptcy filings in the fall of 2005. [read post]
7 Sep 2012, 6:29 pm
The final rules make numerous changes impacting mortgage and other consumer lenders, including with regard to licensing and reporting. [read post]
19 Jul 2012, 8:02 am
Some commentators say that the government action is a positive move because many consumers are unsuccessful at getting credit reporting agencies to correct inaccurate information. [read post]
29 May 2018, 4:38 pm
Some harmed consumers had virtually no place to go to report grievances.The CFPB needs to hear from us now. [read post]
10 Mar 2015, 7:13 pm
“The Dodd-Frank Wall Street Reform and Consumer Protection Act requires that we study arbitration agreements and provide a report to Congress of our findings. [read post]
19 Aug 2009, 8:33 am
The Hartford Courant, a local Connecticut newspaper fired its consumer affairs reporter after the individual exposed a pending investigation into Sleepy's Mattress Company. [read post]
3 Jun 2011, 7:36 am
As I previously discussed in Private Causes of Action Against Credit Reporting Agencies, the Fair Credit Reporting Act affords consumers certain private causes of action against furnishers of information and credit reporting agencies. [read post]
21 Sep 2018, 7:27 am
A new law also requires credit reporting agencies to implement a “national security freeze” at no cost to a consumer that restricts prospective lenders from access to a consumer’s credit report. [read post]
20 Jul 2015, 5:38 am
Pearson The CFPB has issued a complaint report which it describes as “the first in a new series of monthly reports to highlight key trends from consumer complaints submitted to the Bureau. [read post]
15 Nov 2011, 8:52 am
According to John Wellinghoff, FERC Chairman, this report details the progress the Commission has made in assisting consumers to obtain reliable, efficient and sustainable energy services at a reasonable cost through appropriate regulatory and market means. [read post]
15 Jul 2015, 7:01 am
The Wall Street Journal reports in “Pharmalot” that consumer advocacy group Public Citizen has petitioned the Food and Drug Administration to revoke the approval of Sanofi’s Seprafilm and issue a recall. [read post]
15 Sep 2014, 7:21 am
The Wall Street Journal reports the FDA has warned healthcare providers and consumers for the third time in over a year against ordering medications from NuVision Pharmacy, a Dallas-based compounding pharmacy, over concerns its products may be contaminated. [read post]
10 Sep 2012, 9:35 am
To learn more about the complaint process, see the CFPB’s Consumer Reports: A Snapshot of Complaints Received. [read post]
23 Jul 2009, 8:38 am
The AAA's decision was first reported by the Wall Street Journal and then confirmed yesterday in testimony before a subcommittee of the U.S. [read post]
24 Jan 2023, 10:00 pm
For the second time in a month, the Consumer Financial Protection Bureau (CFPB) has proposed a new rule that would require businesses to report already public information and thereby increase the burdens on, and risks to, the nonbank financial services industry, which may ultimately increase costs to consumers or slow the proliferation of new products that benefit consumers. [read post]
24 Jan 2023, 10:00 pm
For the second time in a month, the Consumer Financial Protection Bureau (CFPB) has proposed a new rule that would require businesses to report already public information and thereby increase the burdens on, and risks to, the nonbank financial services industry, which may ultimately increase costs to consumers or slow the proliferation of new products that benefit consumers. [read post]
