topic-orgov00000233 News Coverage on U.S. Consumer Financial Protection Bureau - CTNow
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U.S. Consumer Financial Protection Bureau

A collection of news and information related to U.S. Consumer Financial Protection Bureau published by this site and its partners.

Top U.S. Consumer Financial Protection Bureau Articles

Displaying items 111-121
  • With her call to action, Warren cuts sharp contrast to Clinton

    With her call to action, Warren cuts sharp contrast to Clinton
    As the 2016 presidential race approaches, Massachusetts Sen. Elizabeth Warren may be entering a different phase of her career — one in which she’s beating back lots of unwanted attention. On Friday morning in Detroit, a crowd of liberal...
  • How to escape the medical care debt trap

    How to escape the medical care debt trap
    The single biggest cause of personal bankruptcy in the United States isn't job loss or irresponsible use of credit. It's medical expenses. An analysis this year by NerdWallet Health found that about 60% of all bankruptcies are health related. And a...
  • For-profit Corinthian Colleges to sell 85 schools, close 12 others

    For-profit Corinthian Colleges to sell 85 schools, close 12 others
    Corinthian Colleges Inc., the troubled for-profit college corporation, announced it will sell off the vast majority of its campuses over the next six months amid heightened scrutiny from the federal government. As part of an agreement late Thursday with...
  • Payday lender will pay $10 million to settle consumer bureau's claims

    Payday lender will pay $10 million to settle consumer bureau's claims
    Consumer advocates have long warned that payday lenders purposely try to lure borrowers into an expensive and debilitating cycle of debt. Now, the nation's consumer financial watchdog says it has proof. The Consumer Financial Protection Bureau accused a...
  • State announces $2 million lending settlement

    State announces $2 million lending settlement
    A South Dakota-based payday lender and its California partner are to pay about $2 million under the terms of a settlement designed to address "abusive" lending and collection activities, the Department of Labor, Licensing and Regulation said Monday....
  • Corinthian Colleges' deal with U.S. may result in sold campuses

    Corinthian Colleges' deal with U.S. may result in sold campuses
    Corinthian Colleges Inc., the troubled Orange County for-profit college corporation, has cut a deal with the federal government that's likely to force the sale of many schools and the closure of others. The agreement keeps the doors open for now at more...
  • The Supreme Court shifts the balance of power in divided government

    The Supreme Court shifts the balance of power in divided government
    If I were Consumer Financial Protection Bureau Director Richard Cordray, I might be rethinking my retirement plans. Cordray is only 55, so it'll be a few years before the AARP inundates him with solicitations. But he may be the last director to win...
  • Inspector general criticizes consumer bureau headquarters renovation

    Inspector general criticizes consumer bureau headquarters renovation
    A government watchdog criticized the Consumer Financial Protection Bureau's controversial headquarters renovation, whose price tag has risen to an estimated $216 million, saying there was not a "sound business case" for the project because the agency...
  • GE Capital to refund $225 million to settle credit card allegations

    GE Capital to refund $225 million to settle credit card allegations
    GE Capital agreed to pay $225 million to about 750,000 customers to settle federal allegations of deceptive and discriminatory credit card practices, federal officials said. The claims included an accusation that the financial firm barred Latino...
  • For-profit Corinthian Colleges in O.C. warns it could shut down

    For-profit Corinthian Colleges in O.C. warns it could shut down
    A besieged chain of for-profit colleges based in Orange County is in danger of shutting down after the U.S. Department of Education levied new restrictions on its students' access to federal student aid. Santa Ana-based Corinthian Colleges Inc., which...
  • Federal sanctions threaten sustainability of Corinthian Colleges

    Federal sanctions threaten sustainability of Corinthian Colleges
    A besieged chain of for-profit colleges based in Orange County has signaled that it is in danger of shutting down after the U.S. Department of Education sharply cut back its access to federal money for student loans and grants. Plagued by complaints...