The Consumer Financial Protection Bureau took action against Commonwealth Financial Systems for illegally trying to collect unverified medical debts.| Consumer Financial Protection Bureau
The lender allegedly discouraged residents of Black-majority neighborhoods from applying for mortgages. Fairway said the complaint “appears to be intentionally inflammatory in nature.”| Banking Dive
TransUnion has agreed to pay $15 million in a settlement with the FTC over tenant screening inaccuracies and background checks| Rental Housing Journal
Strategy, budget and performance| Consumer Financial Protection Bureau
Paddle Pays $5M FTC Penalty, MoneyGram Reaches $250,000 Settlement with NY AG| fintechbusinessweekly.substack.com
The CFPB ordered Block, the operator of the peer-to-peer payments app Cash App, to refund consumers $120 million and pay a penalty of $55 million.| Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau (CFPB) sued the operator of Zelle and three of the nation’s largest banks for failing to protect consumers from widespread fraud on America’s most widely available peer-to-peer payment network.| Consumer Financial Protection Bureau
The CFPB sued SoLo Funds, which runs a peer-to-peer lending platform, for lying to borrowers and deceiving them about the total cost of loans.| Consumer Financial Protection Bureau