The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
On December 17, 2024, amid a flurry of activity by the Consumer Financial Protection Bureau (CFPB), the agency released an Issue Spotlight ...
The Consumer Financial Protection Bureau sued the credit reporting agency alleging that if failed to investigate or correct ...
Noting that the CFPB had “established an interactive webpage that permits consumers to submit complaints based on particular product groups,” she analyzed the narratives that customers had ...
Both lawsuits allege that the CFPB does not have the statutory authority to issue the rule under the plain text of the Federal Credit Reporting Act. But the debt collectors' complaint goes further, ...
The CFPB issued separate policy statements on "sandbox approvals" and no-action letters for fintechs. Both policies are expected to be rescinded by an acting CFPB director appointed by President-elect ...
Experian maintains crucial files on most American families but allegedly mishandles their complaints—damaging household ...
in particular has pressured the bank CEOs in public hearings and letters to address the ... criminals struck,” Rohit Chopra, the CFPB’s director, told reporters Friday. Thousands of users have filed ...
Experian does not properly investigate consumer complaints of errors in credit reports ... the disputes as required by federal law," CFPB Director Rohit Chopra said in a statement.