Consumer Financial Protection Bureau

CFPB Extends ‘Junk Fees’ Deadline After Receiving 25,000 Comments
CFPB Extends ‘Junk Fees’ Deadline After Receiving 25,000 Comments
March 28, 2022  |  Regulation

The Consumer Financial Protection Bureau (CFPB) is extending its deadline to submit comments on its public consultation on “junk fees” until April 11. The CFPB...

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FTC’s Complaint Against Payment Firm May Be Blueprint for CFPB  
FTC’s Complaint Against Payment Firm May Be Blueprint for CFPB  
March 16, 2022  |  CFPB

The Federal Trade Commission (FTC) announced on March 15 that it filed an administrative complaint against Electronic Payment Systems for allegedly opening credit card processing...

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CFPB’s New Procedural Rules May Be a Game-Changer 
CFPB’s New Procedural Rules May Be a Game-Changer 
March 15, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) in late February issued procedural rules that may represent a change in the agency’s strategy to pursue enforcement actions...

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CFPB’s Chopra: Biden Order Recognizes Digital Asset Markets’ ‘Profound Implications’
CFPB’s Chopra: Biden Order Recognizes Digital Asset Markets’ ‘Profound Implications’
March 09, 2022  |  Cryptocurrency

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra has commented on an executive order regarding cryptocurrency that President Joe Biden signed Wednesday (March 9) to...

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Medical Payments and Collections Draw Fire Amid Rising Healthcare Costs
Medical Payments and Collections Draw Fire Amid Rising Healthcare Costs
March 02, 2022  |  Healthcare

Rising healthcare prices and often aggressive collections attempts are making news as the nation’s medical debt problem mounts, spurring public and private sector responses. The...

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CFPB: Americans Trapped in $88B Medical Billing “Doom Loop”
CFPB: Americans Trapped in $88B Medical Billing “Doom Loop”
March 01, 2022  |  Healthcare

The American healthcare system is held up by a billing, payments, collections and credit reporting infrastructure riddled with mistakes, the Consumer Financial Protection Bureau (CFPB)...

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CFPB Warns Student Loan Servicers About Public Service Forgiveness
CFPB Warns Student Loan Servicers About Public Service Forgiveness
February 18, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has issued a bulletin warning student loan servicers that they could face sanctions if they mislead borrowers about loan...

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Crypto Critic Joins CFPB
Crypto Critic Joins CFPB
January 27, 2022  |  Cryptocurrency

A well-known skeptic of cryptocurrencies is joining the Consumer Financial Protection Bureau, which could signal more federal oversight in the future of the digital coins....

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BNPL Stock Prices Crash Amid CFPB Investigation
BNPL Stock Prices Crash Amid CFPB Investigation
December 17, 2021  |  Buy Now Pay Later

The Consumer Financial Protection Bureau said Thursday (Dec. 16) it wants details from several high-profile buy now, pay later (BNPL) firms — Affirm, Afterpay, Klarna,...

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