RSSFederal 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.
Category Archives: News
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.
CFPB adds street repair to its jurisdiction
The Consumer Financial Protection Bureau last week announced another in a long line of consent orders issued in the name of consumer protection. This one, however, is unlike any others.
The CFPB and ‘Operation Choke Point’
Details continue to emerge about “Operation Choke Point,” a Justice Department program targeting businesses that it feels are at high risk for fraud.
Military allotment servicer to repay $3.1 million
Kentucky-based Fort Knox National Company and its subsidiary, Military Assistance Company, have been required by the Consumer Financial Protection Bureau to repay $3.1 million.
Fair Credit Reporting Act: Reading the CFPB Tea Leaves
The Consumer Financial Protection Bureau and the Office of the Solicitor General have filed an amicus brief with the Supreme Court in connection with a case pending review.
Due process challenge to the CFPB rejected
A federal court has denied a motion from ITT Educational Services to dismiss a lawsuit filed last year by the Consumer Financial Protection Bureau.
CFPB finalizes consumer narrative expansion for complaint portal
The Consumer Financial Protection Bureau has finalized the expansion of the consumer narrative portion of its online complaint database.
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