CFPB Consumer Financial Protection Bureau

CFPB, Equifax

CFPB fines Equifax $15 million over errors on credit reports

The Consumer Financial Protection Bureau fined Equifax $15 million over credit reporting errors. The CFPB alleged the credit bureau failed to properly investigate consumer disputes. Credit reports have a significant impact on consumer finances,

Hoodline · 4h

Equifax Ordered to Pay $15 Million by CFPB for Failing to Investigate Credit Disputes Adequately

The CFPB has ordered Equifax to pay $15 million for improperly investigating credit report disputes and providing inaccurate credit scores due to software errors.

MarketWatch · 1d

CFPB Fines Equifax $15M Over Consumer Dispute Probes -- Update

The Consumer Financial Protection Bureau alleged Friday that Equifax made it difficult for consumers to fully describe their disputes and ignored evidence submitted with those disputes. It also lacked the systems needed to prevent previously deleted errors from being put back on credit reports,

Daily Voice Washington County … · 1d

Equifax Fined $15M For Inaccurate Credit Scores, Mishandling Disputes: CFPB

One of the nation’s largest credit reporting agencies has been fined $15 million for issuing inaccurate credit scores and failing to properly investigate consumer disputes, officials said. Equifax will pay the fine into the Consumer Financial Protection Bureau's victims relief fund,

Cash App, Consumer Financial Protection Bureau

Reuters on MSN · 2d

US CFPB fines Cash App-parent Block over insufficient fraud protection

The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak security protocols on its mobile payment service Cash App. The regulator said Block,

CBS News on MSN · 1d

Cash App owner failed to protect customers from fraud, feds say

Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to potential fraud.

Hosted on MSN · 2d

CFPB Fines CashApp $175 Million for Allegedly Mishandling Fraud Claims

Key Takeaways The Consumer Financial Protection Bureau has fined popular peer-to-peer payment platform Cash App for failing to protect customers from fraud and failing to investigate fraud complaints.

8hon MSN

Trump's second term could mean the downfall of the FDIC, CFPB: Here's what that means for consumers

Here’s what experts say about the possible closure of the Federal Deposit Insurance Corporation or the Consumer Financial ...

Hoodline2h

CFPB Cracks Down on Draper & Kramer for Alleged Discriminatory Lending in Chicago and Boston

CFPB acts against Draper & Kramer Mortgage for alleged discriminatory lending, facing a potential ban and $1.5M penalty.

NerdWallet4d

What Is the Consumer Financial Protection Bureau?

The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...

1don MSN

Biden's CFPB Goes Down Swinging In Blitz Of Rules. But How Many Will Survive Trump?

The consumer watchdog agency is closing out President Joe Biden's term with guns blazing, issuing new rules and regulations at a furious pace. However, many of them could be reversed by the incoming ...

2don MSN

Capital One sued by CFPB for allegedly cheating customers out of $2 billion

The U.S. Consumer Financial Protection Bureau is suing Capital One, claiming the company cheated customers out of $2 billion ...

JD Supra2d

CFPB Issues a Roadmap for States Days Before Trump Takes Office

As the Consumer Financial Protection Bureau (CFPB or Bureau) anticipates a shift in its leadership with the incoming administration of ...

Equifax hit with $15 million penalty from U.S. Consumer Financial Protection Bureau

Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.

4don MSN

Consumer bureau sues Capital One for ‘cheating’ customers on savings account interest

The government’s consumer watchdog sued Capital One on Tuesday for “cheating” customers out of billions in interest payments.

JD Supra1d

CFPB's Proposed Rule Targets Consumer Financial Contracts

The Consumer Financial Protection Bureau (CFPB) issued a proposed rule under Regulation AA to address the use of restrictive and coercive clauses ...

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