The Consumer Financial Protection Bureau (CFPB) is raising the price of its fines to adjust for inflation, including penalties for violations of the Real Estate Settlement Procedures Act (RESPA). The new fine amounts became law when they were entered i… Continue reading
The Consumer Financial Protection Bureau finally has a non-temporary leader. On Thursday, the Senate voted 50-49 along party lines, with no Democrat voting in support, to approve Kathy Kraninger as the new head of CFPB. Continue reading
In dismissing the suit, Judge John Coughenour left the option of the plaintiffs to file a revised complaint within 45 days. Continue reading
A high-ranking policy director at the Consumer Financial Protection Bureau (CFPB) responsible for overseeing fair lending practices is under fire for a racially charged blog post. Continue reading
New account changes will stop cardholders from suing. But there’s still time for you to protect yourself. Continue reading
People sign up for them without knowing what they are and pay for it later. Continue reading
Low-income consumers are 240 percent more likely to start their credit history with negative records, like a debt collection. Continue reading
The Consumer Financial Protection Bureau wants you to avoid falling into the trap of promotional credit card offers. Continue reading