Capital One accused of owing members $2 billion, U.S. watchdog alleges : NPR
The CFPB claims Capital One intentionally kept news of its higher-yield savings accounts from members with lower-yield savings accounts.| NPR
The CFPB claims Capital One intentionally kept news of its higher-yield savings accounts from members with lower-yield savings accounts.| NPR
The online lender allegedly required customers to pay hefty fees to access loans and often refused to cancel memberships.| Consumer Financial Protection Bureau
Today, the Consumer Financial Protection Bureau, which has been largely shut down by Elon Musk’s team and Acting Director Russell Vought, pulled the plug on a lawsuit against an online lender, SoLo Funds, that the agency had alleged was deceiving borrowers and imposing deceptive fees on more than half a million borrowers.| Americans for Financial Reform
In the News: Federal judge blocks Musk team’s effort to shutter top consumer agency| Americans for Financial Reform
The Consumer Financial Protection Bureau’s (CFPB) final rule to remove medical bills from most credit reports will prohibit credit reporting companies like Equifax, TransUnion, and Experian from sharing medical debt information with lenders as well as barring lenders from considering these medical debts in underwriting decisions.| Americans for Financial Reform
The Consumer Financial Protection Bureau (CFPB), created after the devastating 2008 financial crisis, exemplifies the government working for the people by vigorously protecting consumers and their families, including by reducing junk fees and holding corporations and financial institutions accountable when they engage in unfair and illegal conduct. Since its creation, the CFPB has stood up for the little guy against Wall Street, predatory lenders, and other financial services companies, by cr...| Americans for Financial Reform
