The customers’ decision to drop the lawsuit and not pursue their claims in arbitration comes as U.S. lawmakers move to do away with a rule that caps such fees.
The Consumer Financial Protection Bureau (CFPB) was launched in 2011 in response to the 2008 banking crisis, which destabilized millions of Americans. This new U.S. government agency' ...
Financial services companies may feel relief from the aggressive federal oversight and regulation that defined the past decade. However, ...
"It's sending a strong message that the CFPB is not here for consumers anymore; that under the Trump administration, the CFPB is here to give out pardons for violating the law," Erin Witte, director ...
The federal Consumer Financial Protection Bureau has taken major steps to help people with medical debt in its nearly 14-year history. It issued rules barring medical debt from Americans’ credit ...
President Donald Trump's mass firings of permanent federal employees have already begun and are expected to accelerate over the next few weeks with tens of thousands more employees terminated. But the ...
On February 28, 2025, the Consumer Financial Protection Bureau (“CFPB” or the “Bureau”) filed a letter with the U.S. District ...
Alternative options if you're the victim of unfair and abusive practices as the consumer watchdog 'winds down.' ...
A credit sweep is a fraudulent credit repair tactic that disputes all negative items on a credit report at once.
Elon Musk's team within the Trump administration has sought sweeping access to databases that store personal information on ...
A Texas judge refused the Consumer Financial Protection Bureau's effort to put a lawsuit on hold against Dallas-based ...
The federal government has called Portfolio Recovery Associates a "repeat offender." A class-action lawsuit in North Carolina resulted in a $5.75 million settlement.
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