Users racked up $12 billion in 2020 credit card late fees

As the Consumer Financial Protection Bureau continues to pursue its proposed crackdown on “junk fees,” the agency released a report detailing the state of credit late fees, including the $12 billion consumers racked up last year.

CFPB adds medical billing to focus areas

The Consumer Financial Protection Bureau has issued a report drawing attention to consumer financial issues in medical billing, marking it as the latest area of focus for the agency.

CFPB reminds appraisers of anti-discrimination requirements

The Consumer Financial Protection Bureau wants The Appraisal Foundation, which sets standards for appraisers, to include “clear warnings” about federal anti-discrimination requirements in its standards and training for appraisers.

CFPB issues order against payment processor

The Consumer Financial Protection Bureau has filed a proposed final judgement and order against BrightSpeed Solutions and its founder Kevin Howard over their alleged participation in fraudulent services and products.

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