The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, including banks, lenders and other financial institutions.
The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.
The ruling, which went into effect this week, requires businesses to make canceling a subscription as easy as signing up for it in the first place.
The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, text — anything, really — from the Trump administration
The Federal Trade Commission filed a lawsuit against ACRO Services in November of 2022 and from that lawsuit the FTC will be sending out $5 Million in refunds. The complaint stated the company, and its owners were running a deceptive telemarketing operation that made numerous phony debt relief promises to consumers.
Melissa Holyoak, an FTC commissioner known for her ties to tech giants like Google, is being considered for director of the consumer watchdog agency that is challenging Big Tech.
The FTC and the State of Colorado recently sued a prominent property management company, alleging hidden fees added on top of the publicly advertised monthly rent.
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the
President Trump emphasized the border, economic growth and energy independence in his inaugural messages Monday but his administration's policies will reac
The FTC found that as many as 250 different businesses ... and department and discount stores, use consumer information to help target prices, profile consumers or rank products that are shown ...
The CFPB is calling on state governments to increase their focus on consumer financial protection laws.
"By offering predatory credit with just a few taps on your cell phone, cash advance apps are a loan shark in your pocket .. cash advance app borrowers are trapped in a cycle of debt like that experienced by payday loan borrowers," Candice Wang, senior researcher at the Center for Responsible Lending, said on the group's website.