The Consumer Financial Protection Bureau, which Congress established to monitor credit card companies, mortgage providers, debt collectors and other segments of the consumer finance industry, is the ...
A political odd couple is joining forces to lower credit card interest rates. Sen. Bernie Sanders (I-Vt.) and Sen. Josh ...
On January 13, the Consumer Finance Protection Bureau (CFPB) published a new proposed rule attempting to ban certain contractual provisions in "take it or leave it" consumer contracts that purport ...
Since Oct. 1, the CFPB has issued six proposed rules and four final rules, and filed or issued no fewer than 20 lawsuits and enforcement actions, according to Crane. “That’s just a lot of activity in ...
Wise violated the CFPB’s remittance and prepaid card rules, the agency said. At least 16,000 Wise customers were overcharged due ...
Fed policy decisions directly impact your wallet, including the interest rates on your credit cards. We’ll tell you how.
That means the annual percentage rate (APR) on your credit card probably won’t get more expensive for now—and it also suggests the central bank sees the U.S. economy chugging along at a steady ...
Wells Fargo said Tuesday that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending has closed. In 2022, the ...
The CFPB has not posted a news release on the decision on the consent order. The bank said it is the seventh consent order closed by Wells Fargo’s regulators since 2019. However, according to ...
In 2022, the CFPB said it spotted violations across some of Wells Fargo's consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had improperly ...
A 56-year-old Salem man who scammed a Scio woman out of more than $10,000 failed to appear in Linn County court for sentencing. Scott McNamara pleaded no contest first-degree aggravated theft in ...
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