The Bureau was fortunate to be born in the digital era. We've been able to rethink many of the practices that make financial products confusing to consumers...
When Utah Attorney General Mark Shurtleff invited me to Salt Lake City to meet with him, state and local senior services, and law enforcement groups, I...
April is Financial Literacy Month, and we are teaming up with other government agencies, nonprofit organizations, and businesses to promote financial...
As a child of South Asian immigrants, I recall my parents frequently sending money back to our family and friends in India. They would use a service to send...
Public input is tremendously important to our work at the CFPB. At our January field hearing in Birmingham, we had the opportunity to gather information...
It can be hard to understand the language of financial products and services. Just what exactly is a grace period? What about an ARM? A balloon payment? And...
Recently, we undertook what we understand is the first major effort to understand the size of the private student loan market. This market went through the...
Last month, Director Cordray announced that we are taking nominations for our Consumer Advisory Board. The CAB offers us advice and consultation on emerging...
One of the biggest challenges of working at a new organization is getting the word out about what you do and how your product or service makes a difference...
The Dodd-Frank Act requires the CFPB to share consumer complaint information with the Federal Trade Commission ("FTC") and other state and federal agencies...
Last month, my team and I traveled to Chicago, Illinois, to learn more about that state's efforts to protect seniors from financial abuse and to share...
We recently launched the first phase of a new system to help consumers who have problems with auto loans and other types of installment loans, such as loans...
If you have a complaint about student loans, we are ready to hear from you. For the first time, a single agency is now responsible for watching out for all...
This week is National Consumer Protection Week. The Bureau and other federal agencies participate in this week to help consumers safely navigate the markets...
Today we are expanding our consumer response system to take consumer complaints on checking and savings accounts. These accounts play a critical role in the...
Today, the CFPB has learned that businesses have received emails that falsely purport to originate from the CFPB. These emails contain the subject line...
At the Bureau, we believe in empowering American Consumers to make informed financial decisions. We want you to have the information you need to get what...
We are assembling a group of experts who can give us the outside guidance we'll need as we move forward with our work. Board members will provide us with...
Our live events on checking have ended. You can watch an archived recording of the morning roundtable below, or read Director Richard Cordray's remarks. And...
As we begin our inquiry into overdraft practices, we've issued a consumer advisory on overdraft coverage and fees. Institutions can't charge you for...
The CFPB is mindful that new statutory requirements we are implementing can burden as well as benefit small financial services providers. We use many...
This week we are in Austin, Texas! We're conducting the final round of testing of the integrated disclosures you receive at two different points in the...
Financial education organizations, many with limited staff and money, could have a bigger impact by teaming with agencies that provide services and other...
Over my years of public service, I've met a lot of hard-working people who regularly send money transfers, or remittances, to family members and others...