Mara Gawarecki – Page 11

Credit reporting issues highlighted

Complaints about credit reports and from consumers in Louisiana were spotlighted in the latest monthly snapshot from the Consumer Financial Protection Bureau.

CFPB launches inquiry into services for credit invisible

The Consumer Financial Protection Bureau has launched an inquiry into ways to expand access to credit for consumers who are credit invisible or who lack enough credit history to obtain a credit score.

Mortgage complaints highlighted

Mortgage servicing and misapplied funds are major sources of consumer complaint, according to the latest monthly complaint snapshot from the Consumer Financial Protection Bureau.

Law firms, attorneys sued over debt relief fees

The Consumer Financial Protection Bureau filed a suit against a pair of attorneys and three law firms for violating the Telemarketing Sales Rule by collecting upfront fees for debt relief services.

TCF fined for overdraft enrollment practices

The Consumer Financial Protection Bureau has filed a lawsuit against TCF National Bank of Wayzata, Minn., over practices related to its overdraft protection program. The CFPB claims TCF “tricked” consumers into enrolling in its overdraft protection program.

CFPB releases debt collection survey results

Some consumers “feel threatened” by debt collectors who contact them, according to a survey from the Consumer Financial Protection Bureau.

New chief of staff, others announced at CFPB

The bureau also announced a slew of other appointments, including chief information officer, chief financial officer and a pair of assistant directors.

Military Credit Services sued over loan disclosures

The Consumer Financial Protection Bureau today sued Military Credit Services, LLC $200,000 for making loans with “improper disclosures”.

CFPB issues guidance for bank sales incentives

Incentives for employees and service providers to meet sales goals can lead to consumer harm if not properly managed, the Consumer Financial Protection Bureau said in new guidelines issued in the wake of fines recently levied against Wells Fargo.

CFPB sues over lead-poisoning settlements

The Consumer Financial Protection Bureau filed a complaint in federal district court against Access Funding, LLC, for deceiving victims of lead-paint poisoning into signing away future settlement payments in exchange for a significantly lower lump-sum payout.