This latest report builds on previous CFPB work related to BNPL lending by pairing a matched sample of BNPL applications and originations data from six BNPL providers with deidentified credit records.
Consumer Financial Protection Bureau data suggests that once someone incurs one late fee, another is even more likely, ...
Federal agencies are sending out sample contract agreements to their employees in what appears to be an effort to alleviate ...
President Donald Trump says he will also impose "reciprocal tariffs" on any countries who place tariffs on the US.
You may be able to lower your interest rate or minimum monthly payment. The CFPB has sample letters you can use to begin the process. It also suggests creating a budget to see what you can ...
All figures, unless otherwise stated, are from YouGov Plc. The total sample size was 2,216 U.S. adults, of whom 1,007 have applied for a loan or financial product in the past year. Fieldwork was ...
Fairway's website has no web chat feature and sample mortgage rates are unavailable ... the Justice Department and CFPB accused Fairway of redlining in Alabama and, in October 2024, the company ...
Nearly half of Americans (45 percent) said they have applied for a loan or financial product in the past 12 months since December 2023, according to Bankrate’s annual Credit Denials Survey. Yet, 48 ...
"CFPB RIP," Musk wrote on X on Friday. The Consumer Financial Protection Bureau, a federal agency designed to prevent another financial crisis and protect people from scams, has halted most of its ...
Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters. Following the 2008 global financial crisis, the Consumer Financial Protection Bureau ...
“It’s pretty ludicrous,” this witness said. The CFPB did not respond to a request for comment. When the CFPB prepares to file a lawsuit against a company, it typically hires ...