This Week In Credit Card News: CFPB Calls Out Some Illegal Card Practices
CFPB Calls on Other Enforcement Agencies to Address Bait-and-Switch Credit Card Rewards Practices ...
JD Supra2d
CFPB report discusses medical debt, Senators urge CFPB to finalize rule
Related to the Bureau’s interest in medical debt collection, on December 10, Senators Raphael Warnock (D-GA) and Sherrod Brown (D-OH) penned a letter to CFPB Director Rohit Chopra, expressing their ...
CFPB Sues Major Banks Over Zelle Fraud Response
Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.
Three Big Banks Sued by CFPB Over Zelle Scams
Three of the biggest U.S. banks are being sued by a top financial regulator that says they allowed fraud to run rampant on ...
JD Supra12d
DOJ and CFPB Issue Joint Letter Reminding Financial Institutions of the SCRA Interest Rate Protections for Servicemembers
On December 5, 2024, the Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) issued a joint letter directed at ...
USA Today2d
Consumer Financial Protection Bureau sues big banks over 'widespread' fraud on Zelle app
CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...
Yahoo Finance9d
CFPB finds student loan servicers are mistreating borrowers — here’s what you can do
The CFPB found multiple violations and deceptive and abusive practices ... According to the report, some have already updated ...
CFPB will distribute $1.8 billion to victims of credit repair ‘scheme’
Customers charged illegal fees by two of the largest credit repair firms will soon see a refund check, the Consumer Financial Protection Bureau announced.