The CFPB has misled consumers

The CFPB is chomping at the bit to paint itself as consumers’ financial avenger. Unfortunately, the CFPB’s marketing department is so interested in shaping the bureau’s image that it has started to leave fact behind.

CFPB looks further into big bank overdraft products

The CFPB’s goal is not to remove overdraft protection from banks’ product menu. That was CFPB Director Richard Cordray’s message after the bureau’s released a new study on overdraft on July 31.

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