30% of federal student loan borrowers have gone without food or medicine, CFPB finds
Thirty percent of student loan borrowers say they’ve gone without food or medicine due to their monthly bills, the Consumer ...
bankingdive2d
Comerica sues CFPB over ‘costly’ prepaid card probe
The agency “failed to acknowledge” that Comerica “generally acted with the oversight … or approval of the federal government” ...
American Banker23h
Comerica sues CFPB over investigation into prepaid card program
In a lawsuit filed on Nov. 8, Comerica accuses the CFPB of "pursuing an aggressive and overreaching investigation" of the bank's role as the designated financial agent for the Treasury Department's ...
JD Supra2d
CFPB taken to court over its advisory opinion on medical debt collections
On November 1, several debt collection trade organizations sued the CFPB in the U.S. District Court for the District of Columbia. In the ...
ConsumerAffairs1d
State privacy laws aren't protecting personal financial data, CFPB says
New state privacy laws don't do enough to protect personal information used by financial businesses, a federal regulator says ...
American Banker8d
Trump will change the CFPB's course — but how much is unclear
President Trump initiated changes at the Consumer Financial Protection Bureau in his first term, and the industry's ...
JD Supra3d
CFPB Imposes $95 Million Fine on Large Credit Union for Overdraft Fee Practices
On November 7, 2024, the CFPB ordered one of the largest credit unions in the nation to pay over $95 million for its practices related to ...
CFPB announces a new rule to help you transfer your data
The CFPB’s press release says that the final rule would help move the industry away from screen scraping, which uses a ...
Federal consumer protection agencies likely to be curbed in a new Trump administration
Under the first Trump administration, the Consumer Financial Protection Bureau significantly slowed its enforcement ...