February 2024 Articles – CFPB Journal

CFPB establishes supervisory authority over installment lender

The Consumer Financial Protection Bureau has established supervisory authority over installment lender World Acceptance.

Survey: Large banks offer worse credit card interest rates, terms

Large banks are offering consumers inferior credit card terms and interest rates compared to their small bank and credit union peers, according to a Feb. 16 Consumer Financial Protection Bureau report.

CFPB ends foreclosure scam case with $12 million settlement

The Consumer Financial Protection Bureau recently settled a foreclosure scam case by reaching a $12 million settlement with Consumer First Legal Group LLC.