Today, the Consumer Financial Protection Bureau (CFPB) issued a policy statement that explains the legal prohibition on abusive conduct in consumer financial markets and summarizes over a decade of precedent.
The Consumer Financial Protection Bureau (CFPB) has finalized a rule required by Congress to increase transparency in small business lending, promote economic development, and combat unlawful discrimination.
CFPB finaliza normativa exigida por el Congreso para aumentar transparencia en el crédito a la pequeña empresa, promover desarrollo y combatir discriminación.
The Consumer Financial Protection Bureau (CFPB) took action today against Portfolio Recovery Associates, one of the largest debt collectors in the nation, for violating a 2015 CFPB order and engaging in other violations of law.
La CFPB excluyó permanentemente a RMK Financial Corporation de la industria del crédito hipotecario, prohibiéndole hacer actividades o recibir remuneración.
Today, the Consumer Financial Protection Bureau (CFPB) permanently banned RMK Financial Corporation, which does business as Majestic Home Loans, from the mortgage lending industry by prohibiting RMK from engaging in any mortgage lending activities or receiving remuneration from mortgage lending.
Today, the Consumer Financial Protection Bureau (CFPB) took action against a web of corporate entities operating under TMX Finance, broadly known as TitleMax, for violating the financial rights of military families and other consumers in providing auto title loans.
La CFPB tomó acción contra TitleMax por violar derechos de familias militares y de otros consumidores en préstamos automotrices garantizados con títulos.
The Consumer Financial Protection Bureau has reached a settlement in its lawsuit against law firm Forster & Garbus, LLP for illegal debt-collection practices.
The CFPB and the New York State Office of the Attorney General sued a predatory auto lender, Credit Acceptance Corporation, for misrepresenting the cost of credit and tricking its customers into high-cost loans on used cars.
La CFPB y la Fiscal General de NY demandan a Credit Acceptance por ocultar el costo del crédito y engañar a sus clientes con préstamos de altos costos.
Today, the CFPB issued an order against Servicio UniTeller, an international remittance company, for multiple violations of the requirements governing electronic money transfers, including failing to refund customers after the company made money transfer errors.
CFPB is ordering Wells Fargo Bank to pay more than $2 billion in redress to consumers and a $1.7 billion civil penalty for legal violations across several of its largest product lines.
La CFPB le ordena a Wells Fargo pagar $2 billones a consumidores y 1.7 billones en multas por violaciones legales en varias de sus líneas de productos.
Today, the CFPB proposed requiring certain nonbank financial firms to register with the CFPB when they become subject to certain local, state, or federal consumer financial protection agency or court orders.
La CFPB propone exigir a firmas no bancarias registrase cuando sean sujetos a órdenes de agencias de protección financiera del consumidor u órdenes judiciales.
La CFPB tomó acción contra Loan Doctor y su fundador por engañar a los consumidores con supuestas cuentas con retornos garantizados en bancos comerciales.
Today, the Consumer Financial Protection Bureau (CFPB) took action against Loan Doctor to resolve the CFPB’s claims that the company and its founder, Edgar Radjabli, broke the law by deceiving consumers into thinking they were depositing funds into a guaranteed return savings product within a commercial bank.