JD Supra9h
CFPB Releases Report Highlighting Consumer Use of Buy Now, Pay Later Products
On January 13, the Consumer Financial Protection Bureau (CFPB or Bureau) released a report providing its analysis of the growth and impact of Buy ...
CFPB Proposal on Worker Pay Advance Fee Disclosures Left Undone
The Consumer Financial Protection Bureau withdrew guidance from President-elect Donald Trump’s first term limiting fee ...
CFPB Proposes Rule to Stop Data Brokers from Selling Sensitive Personal Data
The CFPB’s proposed rule restricts the sale of Social Security numbers, income data, and other personal identifiers.
HousingWire2d
Over 400K mortgages may be underinsured for flood risk: CFPB
The CFPB found that hundreds of thousands of mortgaged properties in the southeast and central southwest alone may be ...
New CFPB Rule Keeps Medical Debt Off Credit Reports: What You Need to Know
Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a ...
Financial IT1d
CFPB Research Reveals Heavy Buy Now, Pay Later Use Among Borrowers With High Credit Balances and Multiple Pay-in-Four Loans
Today, the Consumer Financial Protection Bureau (CFPB) released a study of Buy Now, Pay Later (BNPL) borrowers, finding that more than one-fifth of consumers with a credit record used BNPL loans in ...
USA Today5d
Billions of dollars for millions of Americans: why 'delete the CFPB' might not fly
As a Republican member of Congress, Mulvaney had previously called the CFPB “a joke… in a sick, sad kind of way.” So it was a bit like déjà vu when Elon Musk, Trump’s new presidential ...
CFPB research reveals heavy BNPL usage among consumers with high credit sccores and multiple loans
Today, the Consumer Financial Protection Bureau (CFPB) released a study of Buy Now, Pay Later (BNPL) borrowers, finding that more than one-fifth of consumers with a credit record used BNPL loans in ...
American Banker6d
Debt collectors sue the CFPB for 'overreach' on medical debt
ACA International and Specialized Collections Systems, a Houston-based debt collector, filed a lawsuit Thursday against the CFPB and Director Rohit Chopra in the U.S. District Court for the Southern ...