This marks the seventh consent order closed by Wells Fargo's regulators since 2019, the U.S. banking giant said. Wells ...
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit ...
On January 14, the CFPB withdrew its proposed rule prohibiting financial institutions from charging nonsufficient funds (NSF) fees on ...
People in this impacted group could see their credit scores jump by 20 points, according to the CFPB. With this new ruling, the CFPB hopes to remove the economic barriers that medical debt creates ...
according to the CFPB's announcement. How are advocates responding? Nonprofits in the healthcare space are pleased. “This decision is great news for everyday Americans," said Carrie Joy Grimes, ...
Capital One Financial Corporation (NYSE:COF) is facing a lawsuit filed by the Consumer Financial Protection Bureau (CFPB), which accuses the bank of cheating millions of consumers out of more than ...
New CFPB leadership expected to rescind agency guidance Report lays out ways states can bolster consumer finance laws Banks and other companies hoping to escape guidance from the Consumer Financial ...
The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out of more ...
As a result, that decision cost consumers more than $2 billion in lost interest payments.“The CFPB is suing Capital One for cheating families out of billions of dollars on their savings accounts ...