CFPB Report Shows Criminal Justice Financial Ecosystem Exploits Families at Every Stage
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today published a review of the financial issues facing people and families who come in contact with the criminal justice system.…
CFPB Takes Action to Halt Prepaid Card Providers Siphoning Government Benefits
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) is taking action to halt prepaid card providers illegally siphoning money away from Americans through exclusive government benefit contracts. The CFPB…
Consumer Financial Protection Bureau Launches New Way for the Public to Petition the Agency for Action
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today made it easier for the public to meaningfully engage with the agency and request regulatory changes. Starting today, members of…
CFPB Steps Up Scrutiny of Student Loan Servicers That Deceive Borrowers About Public Service Loan Forgiveness
Washington, D.C. – Today the Consumer Financial Protection Bureau (CFPB) released a bulletin detailing student loan servicers’ obligation to halt unlawful conduct regarding borrowers’ eligibility and benefits under the Public…
Consumer Financial Protection Bureau Outlines Options To Prevent Algorithmic Bias In Home Valuations
Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today outlined options to ensure that computer models used to help determine home valuations are accurate and fair. The options will…
CFPB Moves to Thwart Illegal Auto Repossessions
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) is moving to thwart illegal repossessions in the heated auto market. A compliance bulletin issued today reveals conduct observed during CFPB…
CFPB Estimates $88 Billion in Medical Bills on Credit Reports
WASHINGTON, D.C. – 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. The report…
CFPB Targets Unfair Discrimination in Consumer Finance
WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) announced changes to its supervisory operations to better protect families and communities from illegal discrimination, including in situations where fair…
CFPB Issues Policy on Contractual ‘Gag’ Clauses and Fake Review Fraud
WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) issued policy guidance regarding potentially illegal practices related to consumer reviews. The CFPB seeks to ensure that customers can write…
CFPB Director Chopra Statement on Appraisal Task Force Report
WASHINGTON, D.C. — Consumer Financial Protection Bureau Director Rohit Chopra issued a statement regarding the final report of the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE). “Today’s…