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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 45-55
  • Sen. Elizabeth Warren — Democrat, liberal, go-to fundraiser

    In her bid for a West Virginia Senate seat, Democrat Natalie Tennant is steering clear of President Obama, worried that his tough environmental policies and unpopularity in coal country might hurt her chances in November. But at a recent fundraiser in...
  • U.S. subprime auto lender fined over flawed credit reporting: agency

    WASHINGTON (Reuters) - The U.S. consumer financial watchdog on Wednesday said it fined a subprime auto lender $2.75 million for providing inaccurate information about its customers to credit reporting agencies. Texas-based First Investors Financial...
  • Norfolk-based discounter with military clientele to pay $50,000 penalty

    A Norfolk-based discount chain has been ordered to pay a $50,000 civiil penalty for "a fee scam that was designed to exploit unsuspecting service members," the head of the Consumer Financial Protection Bureau said recently. CFPB Director Richard Cordray...
  • Digital currencies such as bitcoin carry 'significant risks,' Feds warn

    WASHINGTON Government regulators issued a consumer advisory Monday on the risks of bitcoin and other digital currencies, warning that the virtual funds expose users to volatile exchange rates, hacking, scams and theft. Markups and transaction fees for...
  • Taking countermeasures against fake IRS callers

     Taking countermeasures against fake IRS callers
    Write this down and tape it to your grandparents' telephone: The Internal Revenue Service does not contact people by phone to demand payment for unpaid taxes or threaten them with arrest or deportation if they do not send money immediately. The IRS...
  • A timely warning from the feds: Bitcoins are the 'Wild West'

    The Consumer Financial Protection Bureau, that whipping boy of big-business conservatives everywhere, demonstrated its value to the average consumer this week by explaining the pitfalls of bitcoins and other such "virtual currencies." The key takeaway,...
  • 'Shark Week' protest to rally against fishy lenders

    'Shark Week' protest to rally against fishy lenders
    The Discovery Channel's annual "Shark Week," airing through Saturday, teaches viewers all about great whites and hammerheads—but that's not the kind of shark that activists plan to protest in Springfield on Wednesday. "[Payday lenders] feel they...
  • U.S. consumer agency workers pan poor managers, unclear priorities

    WASHINGTON (Reuters) - The new U.S. financial consumer agency will improve managers' training and in-house communications, its director said on Tuesday after an internal report found employees were concerned about inexperienced supervisors and confused...
  • Maryland ranks third in U.S. in credit card complaints

    Maryland ranks third in U.S. in credit card complaints
    If you had a complaint about your credit card last year, about billing or fraud, for instance, you were more likely to live in Maryland than North Dakota. Mid-Atlantic residents had the most credit card complaints per capita, with Maryland ranked...
  • Corinthian Colleges tells investors it is facing a criminal probe

    Corinthian Colleges tells investors it is facing a criminal probe
    After months of financial uncertainty and battles with regulators, Corinthian Colleges Inc. told investors Wednesday about the prospect of a criminal investigation by federal prosecutors. The beleaguered Orange County for-profit college company said...
  • Stated income loans make comeback as mortgage lenders seek clients

    (Reuters) - Mortgage applicants who can't provide tax returns or pay stubs to show their income are getting stated income loans again as companies such as Unity West Lending and Westport Mortgage chase customers they can no longer afford to ignore....