CFPB Wins Default Judgment Against Corinthian Colleges for Engaging in a Predatory Lending Scheme
Court Rules that Corinthian Engaged in Deceptive Lending Practices and Illegal Debt Collection Practices WASHINGTON, D.C. — Yesterday, at the request of the Consumer Financial Protection Bureau (CFPB), a federal…
FTC Extends Comment Period for Request for Information Related to Franchise Agreements and Business Practices Until June 8
The Federal Trade Commission extended the deadline for members of the public to comment in response to its Request for Information on franchise agreements and franchisor business practices, including how…
CFPB Takes Action Against Two of the Largest Employment Background Screening Report Providers for Serious Inaccuracies
General Information Services and Affiliate Failed to Verify the Accuracy of Consumer Reports Sold to Employers about Job Applicants WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) took…
CFPB Takes Action Against Nationwide Student Financial Aid Scam
Operation Ripped Off Students and Families Applying for College Financial Aid WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) announced it is taking action to halt a nationwide…
Secretary Blinken’s Meeting with Foreign Minister Momen
The below is attributable to Principal Deputy Spokesperson Vedant Patel: Secretary of State Antony Blinken met yesterday with Bangladesh’s Minister for Foreign Affairs A.K. Abdul Momen. The Secretary thanked Bangladesh…
CFPB Recovers $107 Million in Relief for More Than 238,000 Consumers Through Supervisory Actions
Examiners Uncover Illegal Practices in Student Loan Servicing, Mortgage Origination and Servicing, Consumer Reporting, and Debt Collection Markets WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) released its…
FTC Warns Almost 700 Marketing Companies That They Could Face Civil Penalties if They Can’t Back Up Their Product Claims
The Federal Trade Commission is putting hundreds of advertisers on notice that they should avoid deceiving consumers with advertisements that make product claims that cannot be backed up or substantiated.…
Ad Hoc Committee to Elaborate a UN Cybercrime Convention Fifth Negotiating Session at the United Nations in Vienna
The fifth negotiating session of the Ad Hoc Committee (AHC) to elaborate a UN cybercrime convention will convene at the United Nations in Vienna, Austria from April 11–21. This session…
CFPB Releases “Planning for Retirement” Tool to Help Consumers Decide When to Claim Social Security
CFPB Report Shows Many Consumers Base Critical Claiming Decision on Limited Information WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) released “Planning for Retirement,” an interactive, online tool…
CFPB Takes Action Against Online Lender for Deceiving Borrowers
Bureau Alleges Integrity Advance Misrepresented the Cost of Loans, Seeks Redress for Borrowers WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) took action today against an online lender, Integrity…