As part of a flurry of last minute regulatory activity by the Biden administration’s Consumer Financial Protection Bureau (CFPB or Bureau), on ...
The Consumer Financial Protection Bureau found that auto lenders' use of reposession agents spiked to nearly 70% in 2022, up from 31% in 2018, resulting in higher costs for consumers.
In the waning days of the Biden Administration, the Consumer Financial Protection Bureau (CFPB) on Jan. 10, 2025, issued a proposed interpretive ...
CFPB Director Rohit Chopra pointed out that supply chain disruptions and higher interest rates have pushed up the costs of ...
Chopra remains one of the more important regulators from the Biden administration who's still on the job as Trump cleans house.
The Biden nominee is trying to pose as a friend of the little guy to keep his job under Trump.
ATLANTA, Ga. (Atlanta News First) - The Consumer Financial Protection Bureau (CFPB) this week ordered Equifax to pay $15 million for failing to conduct proper investigations regarding credit card ...
The Consumer Financial Protection Bureau’s (CFPB) new rule banning medical debt from credit reports could see a delay and further reconsideration.
Auto Repossession Rates Surpass Pre-Pandemic Levels as Financial Strain Hits Consumers, CFPB Reports
The CFPB reports a rise in auto repossessions in December 2022, surpassing pre-pandemic levels, and an increased use of third-party forwarders, raising costs for consumers.
The CFPB estimates credit scores could jump by up to 20 points when medical debt disappears from reports. That impact can be ...
While the presidential transition commanded headlines this week, equally significant shifts were occurring in AI technology. Just hours before Donald Trump’s inauguration, DeepSeek released its latest ...
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