News – Page 50 – CFPB Journal

CFPB launches monthly complaint highlight

The Consumer Financial Protection Bureau has launched the first of a series of monthly complaint profiles.

CFPB asserts jurisdiction over medical debt collectors

The Consumer Financial Protection Bureau recently announced a consent order with a medical debt collection company for mishandling consumer credit reporting disputes and preventing consumers from exercising their debt collection rights.

CFPB at the 5-year mark: Large and growing

While the CFPB’s success in fulfilling its mission is open to debate, it cannot be denied that the CFPB has been successful at growing.

Consumer narrative added to CFPB’s complaint database

The Consumer Financial Protection Bureau has gone ahead with its inclusion of a consumer narrative element in its complaint database.

National poll shows opposition to CFPB

Many Americans oppose ongoing efforts to restrict access to certain consumer financial products by the Consumer Protection Bureau, according to a poll conducted by the U.S. Consumer Coalition.

CFPB delays overhaul to key mortgage disclosures

On June 17, the CFPB announced it will delay the effective date of the TILA-RESPA Integrated Disclosure rule until Oct. 1.

Federal Court refuses to rubber stamp CFPB’s Sprint settlement

The Consumer Financial Protection Bureau announced recently that a $50 million settlement with Sprint, the telecommunications giant, for alleged over-charging on cell phone accounts.

CFPB funds its first program from the Civil Penalty Fund

The Consumer Financial Protection Bureau has announced a new program entitled the Financial Coaching Initiative.

CFPB fines Regions Bank for overdraft violations

The Consumer Financial Protection Bureau has fined Regions Bank for charging customers for overdraft coverage they had not opted-in to receive.

PayPal fined for ‘abusive’ credit product

The Consumer Financial Protection Bureau has issued a consent order against PayPal for illegally enrolling consumers in its online credit product, PayPal Credit.