The Department of Government Efficiency, run by Elon Musk, effectively shut down the Consumer Financial Protection Bureau over the weekend ...

On January 29, the Consumer Financial Protection Bureau (CFPB or Bureau) released a report analyzing the auto lending ...

The directors of supervision and enforcement at the Consumer Financial Protection Bureau stepped down, citing the stop work ...

It's the main U.S. agency tasked with overseeing the financial products and services used by everyday Americans. The CFPB's new head has closed its offices and told staff to stay home.

Earned wage access is a way to get wages that you've earned before your scheduled payday. A true earned wage access program is set up by an employer through a trusted third-party company. Don' ...

In March 2024, the CFPB issued a rule to cap late fees at $8 ... The amount of interest you pay is the APR, or annual percentage rate. That percentage is based on the Federal Reserve rate plus ...

The CFPB says 90% of workers in its study paid at least one EWA fee, and that the APR for a typical employer-partnered earned wage cash advance is 109.5%. However, Schwarz disputes that.

The CFPB also made it clear that this rule doesn ... The card also has no annual fee and no penalty APR, so your interest rate won't spike if you're late with a payment. Further, it also offers ...

But if the CFPB’s future is at risk ... 5.0 Get valuable rewards, flexible redemption options, a lengthy introductory APR period and a sign-up bonus that’s worth more than most cash-back ...