Created at the behest of Senator Elizabeth Warren (D-MA), the Consumer Financial Protection Bureau (CFPB) has the ostensible goal of protecting people from bad actors and practices in the financial ...
The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial ...
Last week, on the heels of a Cash App settlement, Reuters and the Wall Street Journal reported that some major U.S. banks are being investigated for how customer funds were handled through Zelle ...
Complaints about unfair and unexplained closures are rising. Banks say they never close accounts for political reasons.
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 ...
There were 361 complaints about reverse mortgages submitted to the CFPB in 2023, a number that dropped to 298 in 2024.
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.
Your loan servicer might also call you, and the phone number may look legitimate. But if a caller asks you to take action for ...
Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.
Understanding your rights as a consumer is more critical than ever. Financial rights education platforms have emerged as ...
The Consumer Financial Protection Bureau is ordering the Navy Federal Credit Union to refund more than $80 million to ...