September 2024 Articles

CFPB: Military veterans face student loan hurdles

Active duty and veteran college students face challenges in receiving assistance from student loan servicers, according to a Consumer Financial Protection Bureau report.

CFPB: Banks charging overdraft fees without consumer opt-in

Banks must prove they have secured consumer buy-in before charging overdraft fees, according to recently published guidance from the Consumer Financial Protection Bureau.

CFPB fines TD Bank $27 million for consumer reporting errors

The Consumer Financial Protection Bureau fined TD Bank $27.7 million for sharing inaccurate customer information with consumer reporting companies.

Report: Rental, medical debt collectors illegally collecting debt

Rental and medical debt collectors are using illegal tactics to collect consumer debt they are not owed, according to a recent Consumer Financial Protection Bureau annual report on debt collection.

CFPB: Consumers paying tens of millions of dollars in cash back fees

Kroger, Dollar Tree/Family Dollar and Dollar General collected $90 million in fees from customers requesting cash back while using a debit or credit card, according to a report from the Consumer Financial Protection Bureau.