CFPB sues California loan company

The Consumer Financial Protection Bureau is suing LendUp Loans, LLC, for allegedly violating a 2016 consent order and committing deceptive acts against consumers.

CFPB issues small business data collection rule

The Consumer Financial Protection Bureau proposed a rule governing the collection of small business lending data. Under the proposal, which would implement Section 1071 of the Dodd-Frank Act, lenders would be required to report the amount and type of small business credit applied for and extended, demographic information about small business credit applicants, and key elements of the price of the credit offered.

Trade groups back bipartisan commission bill

An assortment of financial industry trade groups have thrown their support behind H.R. 4773, the Consumer Financial Protection Commission Act, which would alter the leadership structure of the Consumer Financial Protection Bureau.

CFPB settles with debt collector

The Consumer Financial Protection Bureau has filed a proposed settlement, including an $850,000 civil money penalty, to resolve a lawsuit against a debt collection company and its owner.

CFPB fines GreenSky over fraudulent loans

The Consumer Financial Protection Bureau issued a consent order against GreenSky, LLC, alleging the Atlanta company enabled contractors and other merchants to take out loans on behalf of thousands of consumers who did not request or authorize them.

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