CFPB Issues Advisory and Report for Financial Institutions on Preventing Elder Financial Abuse
One in Five Older Americans Report Being Victims of Financial Exploitation WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued an advisory and a report with recommendations for…
CFPB Monthly Complaint Snapshot Examines Debt Collection Complaints
Report Also Includes Look at Consumer Complaints from Florida WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released its latest monthly consumer complaint snapshot, highlighting consumer complaints related…
Renewal of the Charter for the Shipping Coordinating Committee
The Department of State renewed the Charter of the Shipping Coordinating Committee this month for another two years. Established in 1958, the Committee provides a forum for members of government…
CFPB Halts Student Loan Debt Relief Scam
Student Aid Institute Illegally Tricked Borrowers Into Paying Fees for Federal Loan Benefits WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today took action to halt a student loan…
FTC Testifies Before California State Senate on Right to Repair
The Federal Trade Commission testified today before a California State Senate committee considering a bill that would create a “right to repair” for several types of consumer products including requiring…
On Special Representative for International Labor Affairs Fay Rodriguez’s Participation at the 347th Session of the International Labor Organization Governing Body in Geneva, Switzerland
Special Representative for International Labor Affairs Kelly Fay Rodriguez engaged in deliberations at the 347th Session of the International Labor Organization’s (ILO) Governing Body, including delivering U.S. position statements for…
CFPB Announces New Additions to Senior Leadership
WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) is announcing the addition of several new members to leadership positions within the Bureau. The positions being announced today are:…
CFPB Finds Half of Online Payday Borrowers Rack Up an Average of $185 in Bank Penalties
Repeat Debit Attempts Add Steep, Hidden Cost for Borrowers Yet Typically Fail to Recover Payments WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) issued a report that found…
CFPB Takes Action Against Co-Founders of Online Lead Aggregator
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against two co-founders of a company that resold loan applications containing sensitive personal data to lenders and data…
CFPB Takes Action to Halt Illegal Debt Collection Practices By Lawsuit Mill and Debt Buyer
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today ordered the debt collection law firm Pressler & Pressler, LLP, two principal partners, and New Century Financial Services, Inc., a…