Equifax Ordered to Pay $15 Million: Here’s What Consumers Should Know
The Consumer Financial Protection Bureau (CFPB) announced on Jan. 17, 2025, that Equifax, one of the three major credit bureaus, must pay a $15 million penalty for not conducting ...
HousingWire3d
MBA urges CFPB to delay nonbank registry rule due to Trump regulatory freeze
The MBA wants the CFPB to delay the compliance dates of a final rule requiring the registry of nonbank financial services ...
NerdWallet4d
CFPB Rule Would Help Medical Debtholders: Who Are They?
People in this impacted group could see their credit scores jump by 20 points, according to the CFPB. With this new ruling, the CFPB hopes to remove the economic barriers that medical debt creates ...
'It's not my debt': Major debt collector filed thousands of lawsuits in Arizona, report says, even as it was being punished for consumer violations
One of the nation’s largest debt collectors launched tens of thousands of lawsuits in Arizona since 2022, according to 12 ...
Debt collector filed thousands of lawsuits in Arizona, report says, even as it was punished for consumer violations
One of the nation’s largest debt collectors launched tens of thousands of lawsuits in Arizona since 2022, according to 12 ...
LAist10d
What happens after a wildfire destroys your home? A survivor has tips
When you're allowed to visit your property, take photos and videos of everything to document your losses. "Keep all receipts ...
JD Supra10d
New Action on No-Action Letters – CFPB Begins Accepting Applications Under Updated No-Action Letter Procedures
The US Consumer Financial Protection Bureau (CFPB) is giving no-action letters (NALs) a second chance. On January 8, 2025, the CFPB issued a ...
CFPB fines Equifax $15 million over errors on credit reports
The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit ...
JD Supra11d
CFPB Reboots Policy Statements for No-Action Letters and Compliance Assistance Sandbox Approvals Days Before Administration Change
On January 10, 2025, the Consumer Financial Protection Bureau (CFPB) revived its policy statements on No-Action Letters (NALs) and ...
WTAE-TV14d
Capital One sued for cheating consumers out of interest rate payments
As a result, that decision cost consumers more than $2 billion in lost interest payments.“The CFPB is suing Capital One for cheating families out of billions of dollars on their savings accounts ...