January 2025 Articles – CFPB Journal

CFPB: Late payments fell from ’21-’24

Late rental payments fell from 2021-24, even as rental balances and fees increased, according to a recent report from the Consumer Financial Protection Bureau.

Report: Auto repossessions rate higher than before pandemic

The rate of auto repossessions was higher at the end of 2022 than before the pandemic, according to a Consumer Financial Protection Bureau report.

CFPB fines Block $175 million for Cash App fraud

The Consumer Financial Protection Bureau fined fintech Block $175 million after finding it allowed fraud to multiply on its financial services platform Cash App.

CFPB looks to increase privacy protections on large tech platforms

The Consumer Financial Protection Bureau announced two measures last week to provide privacy protections on large technology platforms.

CFPB strikes medical bills from credit reports

The Consumer Financial Protection Bureau banned credit reporting companies from including medical bills on credit reports and credit scores used by lenders.