Banks and credit unions heavily rely on fees from overdrafts and non-sufficient funds transactions
FTC Finalizes Order with Marriott and Starwood Requiring Them to Implement a Robust Data Security Program to Address Security Failures
Archive for Policy and compliance – Page 4
Consumers’ Buy-Now-Pay-Later repayment data is starting to be furnished to the nationwide credit reporting companies
When you dispute credit information with your bank or other furnisher, you should get a clear and understandable response stating a result
The Education Department is making important fixes to income-driven repayment this year
The CFPB examines financial companies for compliance with Federal law, to protect consumers and maintain well-functioning markets
The CFPB is beginning a new system of Consumer Financial Protection Circulars to provide guidance to enforcers of federal consumer financial law and to increase transparency for the public and regulated entities
Financial institutions have responsibilities to serve their communities, including communities that predominantly speak languages other than English
The CFPB recently filed two amicus briefs to ensure that credit reporting companies and furnishers follow their legal responsibilities with respect to accuracy in consumer reports
The CFPB is taking action against private student loan servicers that fail to live up to their promises
The Division of Supervision, Enforcement, and Fair Lending is taking action against sloppy servicing practices that cause consumer harm, such as unfair practices that may occur when add-on products terminate
