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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 12-22
  • Obama praises payday lender rules, vows veto of limitations

    Embracing proposed new rules aimed at payday lenders, President Barack Obama on Thursday said working families need protections from heavy debt burdens and warned Republicans that he would veto attempts to unravel regulations that govern the financial...
  • Va. AG Herring launching effort aimed at predatory lending

    Virginia Attorney General Mark Herring is launching an effort aimed at combatting predatory lending. Herring announced the move Thursday at a field hearing of the federal Consumer Financial Protection Bureau in Richmond. The agency announced proposed...
  • Lululemon and Red Hat are big market movers

    Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Red Hat Inc., up $6.91 to $75.36 The company behind the Linux open-source operating system said its quarterly profit grew as...
  • Business Highlights

    ___ How gov't aims to protect low-income users of 'payday' loans Each month, more than 200,000 needy U.S. households take out what's advertised as a brief loan. Many have run out of money between paychecks. So they obtain a "payday" loan to tide them...
  • Obama defends consumer agency as it unveils controversial payday loan rules

    BIRMINGHAM, Ala. President Barack Obama leaped to the defense of the Consumer Financial Protection Bureau on Thursday as the beleaguered federal watchdog agency unveiled proposed federal regulations to rein in payday lending. The proposed rules...
  • Details of Obama's visit to Birmingham

    President Barack Obama traveled Thursday to Birmingham to build support for policies that he said would protect working families, including new proposed regulations for payday lenders. In a speech at Lawson Community College, Obama said one way to make...
  • Feds outline new rules on payday loans

    WASHINGTON Federal regulators on Thursday will outline a proposal to place limits on high-interest, short-term loans the first step in the government's efforts to curb payday debt traps. The long-awaited rules drafted by the Consumer Financial Protection...
  • The Mortgage Professor: Mortgage referral fees and the public interest: 40 years of bungles

    Markets don't work well when one party to transactions has much more information than the other party, especially when the party with better information also controls the process. The two best illustrations of this rule are the markets for medical...
  • Credit card issuers shouldn't bully customers into arbitration clauses

    Credit card issuers shouldn't bully customers into arbitration clauses
    Credit card companies say you can't sue them and you can't join other customers in suing them, and if you don't like it, tough. Federal regulators finally have reached the obvious conclusion: That's not fair. The Consumer Financial Protection Bureau...
  • Tax refund advances appeal to more cash-strapped Americans

    Cash-strapped Americans anxious for tax refunds are increasingly turning to payment advances, prepaid cards or other costly services when getting tax preparation help, according to new federal data raising concerns among regulators about whether consumers...
  • Consumer tips for using paid tax preparers

    Some consumer tips to help avoid excessive fees or potential fraud when using paid tax preparers, according to the Justice Department, Internal Revenue Service and the Consumer Financial Protection Bureau: —Make sure any tax refund due is sent to...