The Consumer Financial Protection Bureau urged the South Dakota State Legislature to pass House Bill 1058, which would prohibit medical creditors and debt collectors from reporting medical debt to consumer reporting agencies, calling it an important consume...
The Consumer Financial Protection Bureau encouraged Massachusetts lawmakers to pass legislation barring medical bills from credit reports, saying in a letter that the proposed bills "would cement important protections against medical bill credit reporting i...
The Consumer Financial Protection Bureau amended its consent order with international remittance company Wise PLC, slashing the civil penalty from $2.025 million to approximately $45,000 while maintaining consumer redress requirements for misleading fee dis...
The Consumer Financial Protection Bureau published a report finding that U.S. servicemembers pay higher interest rates and fees than civilian borrowers when financing vehicle purchases, analyzing over 20 million auto loans originated between 2018 and 2022.
The Consumer Financial Protection Bureau announced it will not prioritize enforcement actions against entities that miss upcoming registration deadlines under its nonbank registry rule, offering regulatory relief as the agency considers rescinding or narrow...
The Consumer Financial Protection Bureau announced it will not prioritize enforcement actions under its May 2024 buy now, pay later lending regulation, saying it will instead focus resources "on supporting hard-working American taxpayers, servicemen, vetera...
The Consumer Financial Protection Bureau reached a $9 million settlement with FirstCash, Inc. and its subsidiaries to resolve allegations that the pawnshop operator violated the Military Lending Act by charging active duty servicemembers interest rates exce...
The Consumer Financial Protection Bureau and Federal Reserve Board announced that consumer credit transactions and leases of $73,400 or less will be subject to Truth in Lending and Consumer Leasing protections in 2026, reflecting a 2.1 percent increase tied...
The Consumer Financial Protection Bureau and Department of Justice withdrew a joint statement that had cautioned lenders against considering borrowers' immigration status under fair lending laws, with Acting Director Russell Vought saying the agencies are "...