Search for: "Consumer Financial Protection Bureau "
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24 Jul 2019, 12:22 pm
Following the breach, Equifax faced investigations from the Federal Trade Commission, the Consumer Financial Protection Bureau, all 50 state attorneys general and consumers prosecuting nationwide multidistrict litigation. [read post]
23 Jul 2019, 4:30 pm
Cryptocurrencies also operate outside of traditional and established financial networks and are alarmingly unregulated. [read post]
23 Jul 2019, 4:13 pm
CFPB: “The Consumer Financial Protection Bureau (Bureau) released a report [Market Snapshot: Third-Party Debt Collections Tradeline Reporting] that found that more than one-in-four consumers with a credit report have at least one debt in collection by third-party debt collectors. [read post]
23 Jul 2019, 9:30 am
We encourage consumers impacted by the breach to submit their claims in order to receive free credit monitoring or cash reimbursements,” said Consumer Financial Protection Bureau Director Kathleen L. [read post]
23 Jul 2019, 8:48 am
Equifax Inc. has agreed to pay $575 million, and potentially up to $700 million, as part of the settlement with the Federal Trade Commission (FTC), the Consumer Financial Protection Bureau (CFPB), and 50 US states and territories. [read post]
22 Jul 2019, 3:42 pm
Over Thanksgiving weekend in 2017, fighting broke out over whether the Vacancies Act applies to the Consumer Financial Protection Bureau, and hence whether Mick Mulvaney, the confirmed director of the Office of Management and Budget, or Leandra English, the deputy director of the CFPB, was the proper acting director. [read post]
22 Jul 2019, 9:43 am
Equifax will pay another $175 million in fines to be split up among the 50 attorneys general who filed suit, representing 48 states, Washington DC, and Puerto Rico, and $100 million in penalties to the Consumer Financial Protection Bureau. [read post]
18 Jul 2019, 3:29 pm
” According to data from China’s National Bureau of Statistics (NBS), China’s economy is now growing at its slowest pace in 27 years. [read post]
16 Jul 2019, 11:31 am
Note, however, that even though Afterpay is not subject to TILA, it is still subject to ECOA, FCRA, FDCPA, and the Consumer Financial Protection Act. [read post]
11 Jul 2019, 1:04 pm
The CFPB announced that it has settled the lawsuit it filed in a California federal district court against Freedom Debt Relief (FDR) and its CEO for alleged violations of the Consumer Financial Protection Act (CFPA) and the Telemarketing Sales Rule (TSR). [read post]
11 Jul 2019, 11:49 am
24 state attorneys general, the D.C. attorney general, and the Executive Director of the Hawaii Office of Consumer Protection have sent a joint comment letter to the CFPB urging it not to make any changes to the Regulation E rule that limits the ability of financial institutions to charge overdraft fees for paying ATM and one-time debit card transactions that overdraw a consumer’s account (Overdraft Rule). [read post]
9 Jul 2019, 10:00 pm
Justice Liu has been given responsibility for the SPC’s campaign to basically resolve enforcement difficulties within two or three years (as the former head of the Enforcement Bureau). [read post]
9 Jul 2019, 8:00 am
Countrywide Pre-Paid Legal Services has the solution for ordinary consumers. [read post]
8 Jul 2019, 11:43 am
Tell CFPB: Protect Consumers,Not Abusive Debt CollectorsThe Consumer Financial Protection Bureau’s proposed debt collection rule (Docket CFPB-2019-0022) would let debt collectors text you or email you without permission, and let them contact you up to 7 times per week, per debt, and would also let them file suits over debts without confirming the debtor’s identity or amount owed. [read post]
8 Jul 2019, 6:00 am
Good credit counselors review your whole financial situation before they make a plan. [read post]
8 Jul 2019, 4:42 am
It states that at the end of 2018, it had a number of pending fair lending investigations into redlining and other areas involving a variety of consumer financial products. [read post]
5 Jul 2019, 4:02 pm
Attorney General James argued that these business practices were responsible for “hundreds of complaints to the Better Business Bureau and Consumer Financial Protection Bureau” and breached New York lending and marketing laws. [read post]
2 Jul 2019, 12:24 pm
On June 24, the Consumer Financial Protection Bureau and the Federal Reserve Board published joint amendments to Regulation CC. [read post]
1 Jul 2019, 12:18 pm
This type of situation can be financially devastating. [read post]
1 Jul 2019, 11:48 am
” That’s what balance billing does to ordinary consumers like you–more medical debt and more headaches. [read post]
