CFPB Finalizes Rule to Remove Medical Bills from Credit Reports
3 days ago · WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) finalized a rule that will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans. The CFPB’s action will ban the inclusion of medical bills on credit reports used by lenders and prohibit lenders from using medical information in their lending …
Newsroom - Consumer Financial Protection Bureau
3 days ago · The Consumer Financial Protection Bureau (CFPB) sued the operator of Zelle and three of the nation’s largest banks for failing to protect consumers from widespread fraud on America’s most widely available peer-to-peer payment network.
CFPB finalizes rule to remove estimated $49 billion in medical …
3 days ago · Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ruin Americans' finances.
CFPB Closes Overdraft Loophole to Save Americans Billions in Fees
Dec 12, 2024 · "The CFPB is cracking down on these excessive junk fees and requiring big banks to come clean about the interest rate they're charging on overdraft loans." Today’s action closes the large bank regulatory loophole that exempted overdraft fees as a finance charge.
CFPB announces final rule to remove medical bills from credit
3 days ago · The CFPB said the new rule will remove roughly $49 billion in medical bills from the credit scores of 15 million Americans. The agency said it found that medical debt provides little predictive ...
More than 4 million people to share $1.8 billion in refunds ... - CBS News
Dec 5, 2024 · More than 4 million Americans gouged by credit repair companies including Lexington Law and CreditRepair.com will soon collectively receive $1.8 billion in refund checks, the Consumer Financial...
Supreme Court upholds CFPB funding, saving agency
May 16, 2024 · The Consumer Financial Protection Bureau’s funding stream, which bypasses the congressional appropriations process, is constitutional, the Supreme Court ruled Thursday, saving the...
Supreme Court upholds funding structure for CFPB - CBS News
May 16, 2024 · Washington — The Supreme Court on Thursday upheld the funding structure for the Consumer Financial Protection Bureau, or CFPB, rescuing the consumer finance agency from another effort by its...
Supreme Court lets CFPB funding stand - SCOTUSblog
May 16, 2024 · The Supreme Court on Thursday rejected a challenge to the constitutionality of the structure used to fund the Consumer Financial Protection Bureau, the federal agency tasked with enforcing consumer finance laws.
CFPB Eyes Rules on Deposits, Personal Loans Ahead of Trump (1)
1 day ago · The Consumer Financial Protection Bureau agreed to take up two new rules proposed by advocates outside the agency: one that would shorten how long banks can put a hold on customer deposits, and another that would extend supervision to large nonbanks issuing personal loans. Outside parties asked the ...