CFPB Fact Sheets (2024)
The following fact sheets were released by the Consumer Financial Protection Bureau in December of 2024 under former Director Rohit Chopra.
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The following fact sheets were released by the Consumer Financial Protection Bureau in December of 2024 under former Director Rohit Chopra.
The Consumer Financial Protection Bureau’s (CFPB) rule on Overdraft Lending: Very Large Financial Institutions stops big banks from profiting off of abusive overdraft junk fees while allowing transparent, safer, and more affordable forms of overdraft protection without price limits. Below are answers to frequently asked questions about current overdraft fee practices, the requirements of the…
Read More about FAQs on CFPB’s Rule on Overdraft Lending: Very Large Financial Institutions
The CFPB issued an advisory opinion to remind debt collectors that attempting to collect medical debts that are not owed and certain other tactics are unlawful under the FDCPA.
Companies that profit by cheating and exploiting our military and veterans are attacking the CFPB.
Read More about The CFPB: Protecting Servicemembers and Veterans
The rule will help people with unjustly lowered credit scores by lessening medical debt’s impacts and relieving pressure to pay wrongful bills The Consumer Financial Protection Bureau’s (CFPB) medical debt credit reporting rule will remove medical bills from credit reports sent to lenders by companies like Equifax, TransUnion, and Experian. The rule also prohibits lenders…
Read More about CFPB’s Medical Debt Credit Reporting Rule Is a Lifeline to 15M People
The Consumer Financial Protection Bureau (CFPB) enforces consumer protection laws and protects people from financial companies engaged in unfair, deceptive, and abusive practices. Since its creation, the CFPB has leveled the playing field between companies that treat consumers fairly and those that do not, obtaining more than $21 billion in relief for over 205 million…
Read More about The CFPB Protects People From Abusive Debt Collection Practices
The CFPB's new overdraft fee rule closes a paper-check-era loophole that promotes abusive practices and allows the biggest banks to earn billions in profits from the most vulnerable families.
Read More about Overdraft Rule Returns $5 Billion in Big Bank Junk Fees to Consumers’ Pockets
The Consumer Financial Protection Bureau (CFPB) is an independent agency that enforces consumer protection laws and protects people from financial companies engaged in unfair, deceptive, and abusive practices. Since its creation, the CFPB has obtained more than $21 billion in relief for over 205 million people from companies that cheated and violated the law. The…