The Consumer Financial Protection Bureau (CFPB) announced on Friday, March 28, that it will be deprioritizing enforcement and supervision actions related to penalties under the Payment Withdrawal ...

The bureau posted a brief announcement on its website under the headline: "CFPB Offers Regulatory Relief for Small Loan ... BNPL loans are paid off in installments. Still, the CFPB's announcement that ...

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If the CFPB is eliminated or diminished, student loan borrowers risk losing vital loan protections against servicer ...

The Consumer Financial Protection Bureau (CFPB or Bureau) recently announced that it plans to revisit – and potentially revise – its ...

In an unusual announcement, the Consumer Financial Protection Bureau (CFPB) says it ... surveyed had used a payday or auto title loan, with 24% utilizing these loans more than once per year.

In 2024, Goodwin monitored 15 enforcement actions related to payday ... that these loan amounts were due and attempted to collect and collected on those loans.” Furthermore, the CFPB alleges ...

The Consumer Financial Protection Bureau, or CFPB, is a federal agency that helps protect consumers from financial harm. For millions of student loan borrowers, the CFPB has curbed predatory lenders ...

Earned wage access is not a loan ... the CFPB’s report was published, his company issued the following statement: "Characterizing employer-integrated Earned Wage Access products as loans ...

In its latest move, the CFPB announced it was reducing payday loan enforcement to "instead ... "Unregulated payday loans are predatory traps for the financially vulnerable who could end up stuck ...

Additionally, the CFPB sued the loan servicer Pennsylvania Higher Education Assistance Agency for illegally collecting on student loans after they were discharged in bankruptcy. And PHEAA sent ...