Today, the CFPB finalized a rule outlining the qualifications to become a recognized industry standard setting body, which can issue standards that companies can use to help them comply with the CFPB’s upcoming Personal Financial Data Rights Rule.| Consumer Financial Protection Bureau
The CFPB published a new issue spotlight highlighting the impacts of Big Tech companies’ policies and practices that govern tap-to-pay on mobile devices like smartphones and watches.| Consumer Financial Protection Bureau
Today the Consumer Financial Protection Bureau (CFPB) issued a series of orders to five companies offering “buy now, pay later” (BNPL) credit.| Consumer Financial Protection Bureau
Business model relies on data collection, and loans serve as close substitute for credit cards.| Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau is a new federal agency created to protect consumers of financial products and services.| Debt.org
Explore your options to get help with mortgage payments like government help, charities, loan modifications, refinancing your mortgage, and counseling.| Debt.org
Today, the Consumer Financial Protection Bureau (CFPB) released an Issue Spotlight highlighting some of the difficulties and experiences heard from caregivers about being pursued over friends’ or family members’ alleged debts from nursing home facilities.| Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau took action against Commonwealth Financial Systems for illegally trying to collect unverified medical debts.| Consumer Financial Protection Bureau
In his 2024 annual letter to shareholders, released April 7, JPMorgan CEO Jamie Dimon wrote that “a new battle is brewing. Third parties want full access| PYMNTS.com
Whether you’re thinking of buying a home, already have a home loan, or are having trouble paying your mortgage, we have resources to help you every step of the way.| Consumer Financial Protection Bureau
What happens when you're sued by a debt collector? Find out here.| www.nolo.com
Nearly half of all credit reports may contain errors, some of them costly to your credit score, according to a new watchdog report.| USA TODAY
Without the Consumer Financial Protection Bureau, new platforms and services may escape a regulatory eye.| Salon.com
La Ley de Prácticas Justas en el Cobro de Deudas (FDCPA, por sus siglas en inglés) es una ley federal que limita lo que los cobradores de deudas pueden hacer cuando intentan cobrar ciertos tipos de deudas.| Consumer Financial Protection Bureau
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A Federal Housing Administration (FHA) loan is a government-insured mortgage issued by an FHA-approved lender to help borrowers who don't meet conventional standards.| Investopedia
The online lender allegedly required customers to pay hefty fees to access loans and often refused to cancel memberships.| Consumer Financial Protection Bureau
Kyla Scanlon & I talk Direct File, Democrats, and debt with Wally Adeyemo| www.statecraft.pub
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A mortgage is a loan used to purchase or maintain real estate, including houses and commercial properties. Buyers repay the loan in monthly installments.| Investopedia
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
There are 3 reporting bureaus that are responsible for calculating & distributing credit scores. Learn how they differ, how they operate & how to report errors.| Debt.org
The CFPB took action to close an outdated overdraft loophole that exempted overdraft loans from lending laws.| Consumer Financial Protection Bureau
Today, the Consumer Financial Protection Bureau (CFPB) proposed a rule that would stop financial companies from forcing Americans to choose between participating in the financial system or giving up their rights, including those guaranteed by the Constitution.| 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
Here are three steps to negotiating with a debt collector, starting with understanding what you owe.| Consumer Financial Protection Bureau
If your identity is stolen, you can contact the credit reporting companies – Equifax, Experian, and TransUnion – to place a fraud alert or security freeze on your report.| Consumer Financial Protection Bureau
Learn how Buy Now, Pay Later (BNPL) products work, and important details to help you decide whether or not to use them for purchases.| Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau (CFPB) has launched an inquiry into practices and financial products that may leave employees indebted to their employers. In today’s Request for Information, the CFPB seeks data about, and worker experiences with, these emerging practices and financial products referred to as employer-driven debt.| 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
The Consumer Financial Protection Bureau (CFPB) has published a new report analyzing the financial profiles of Buy Now, Pay Later borrowers.| Consumer Financial Protection Bureau
Today, the CFPB proposed a rule that would remove medical bills from most credit reports, increase privacy protections, help to increase credit scores and loan approvals, and prevent debt collectors from using the credit reporting system to coerce people to pay.| Consumer Financial Protection Bureau
The California Homeowner Bill of Rights is a set of laws that provide protections to homeowners who are facing foreclosure. It became law on January 1, 2013, with many sections renewed and modified as of January 1, 2019. Key provisions include: Notification of foreclosure-prevention options: Your servicer must try to contact you at least 30 days before starting the foreclosure process to discuss your financial situation and explore your options to avoid foreclosure.| State of California - Department of Justice - Office of the Attorney General
The CFPB, HHS, and U.S. Department of Treasury launched an inquiry into high-cost specialty financial products, such as medical credit cards and installment loans, that are pushed on patients as a way to pay for routine medical care and which drive up health care costs and medical debt.| Consumer Financial Protection Bureau
Today, the Consumer Financial Protection Bureau (CFPB) published an analysis of how actions announced by the three largest national consumer reporting companies – Experian, Equifax, and TransUnion -- will affect people who have allegedly unpaid medical debt on their credit reports.| Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau (CFPB) today released a report highlighting the complicated and burdensome nature of the medical billing system in the United States.| Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau (CFPB) today announced it is beginning a rulemaking process to remove medical bills from Americans’ credit reports.| Consumer Financial Protection Bureau
Today's links| Pluralistic: Daily links from Cory Doctorow
The CFPB proposed an interpretive rule explaining that many paycheck advance products are consumer loans subject to the Truth in Lending Act.| Consumer Financial Protection Bureau
Denver7 Investigates is looking into customer issues with the popular online banking app Chime after an Aurora woman's account was drained by a scammer.| Denver 7 Colorado News (KMGH)
The Consumer Financial Protection Bureau (CFPB) issued a report highlighting medical debt collections and challenges faced by American families.| Consumer Financial Protection Bureau
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If you’re serious about buying a home, you need to get pre-approved for a mortgage. Learn what is required so you can speed up the approval process.| Investopedia
The Consumer Financial Protection Bureau (CFPB) today issued an interpretive rule that confirms that Buy Now, Pay Later lenders are credit card providers.| Consumer Financial Protection Bureau
The CFPB today released research showing that 15 million Americans still have medical bills on their credit reports despite changes by Equifax, Experian, and TransUnion.| Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau (CFPB) proposed a rule that would accelerate a shift toward open banking, where consumers would have control over data about their financial lives and would gain new protections against companies misusing their data.| Consumer Financial Protection Bureau
Have you ever had a debt collector reach out on social media? Here are the new rules regarding debt collection and social media contact.| The Kaplan Group
The Consumer Financial Protection Bureau (CFPB) ) finalized a rule today to cut excessive credit card late fees by closing a loophole exploited by large card issuers.| Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau (CFPB) today reported on the first set of results from the newly updated Terms of Credit Card Plans survey.| Consumer Financial Protection Bureau