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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
  • Co-signing has risks for young borrower, too

    It doesn't always pay for young borrowers to add parents, grandparents or other relatives as co-signers to get a lower interest rate on a student loan from a bank. In some cases, when the co-signer dies or falls into bankruptcy, the action may trigger an...
  • U.S. agencies learning clarity

    U.S. agencies learning clarity
    It isn't often that one hears the word "stellar" used to describe a federal form. Nevertheless, that's the term Annetta Cheek, a leading advocate of clarity in how government communicates with citizens, uses to praise the form that took the Grand...
  • Illinois AG sues student loan debt settlement firms

    Illinois AG sues student loan debt settlement firms
    Illinois Attorney General Lisa Madigan filed two lawsuits Monday against debt-settlement firms that she claimed perpetrated “scams” against consumers trying to pay off their student loans. The two lawsuits filed Monday make Illinois the...
  • Plan to expand complaints database would benefit consumers

    Savvy consumers who want to check out a product or business to see if it's worth their hard-earned dollars have plenty of places to go online to search for information. But while there's plenty of data out there, it's often too vague to draw conclusions....
  • 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...