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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 56-66
  • U.S. asked to forgive debt of Corinthian Colleges students

    U.S. asked to forgive debt of Corinthian Colleges students
    California Atty. Gen. Kamala D. Harris is calling on the federal government to forgive student loan debt for thousands of students who enrolled at schools run by Santa Ana-based Corinthian Colleges Inc. Harris and eight other attorneys general,...
  • CFPB sanctions Inland Empire home lender over allegedly deceptive ads

    A Rancho Cucamonga mortgage lender has agreed to pay $250,000 to settle accusations by federal regulators that its advertising deceived consumers into believing that the company was affiliated with the U.S. government. The Consumer Financial...
  • Seniors get in the act with skits to educate about scammers

    Seniors get in the act with skits to educate about scammers
    So she's 96 and her eyesight's half gone. Peggy Mollin doesn't want to sit home alone. Alone, she says, often leads to trouble, especially for people her age. Calls. Knocks on the door. Emails. Flattering sales pitches from strangers. "You love to...
  • Changes offer more protection on reverse mortgages

    Changes offer more protection on reverse mortgages
    I can see why reverse mortgages may sound attractive to cash-poor senior citizens. A bank pays you the value of the equity in your home and you continue to live there without making payments. For seniors struggling to make ends meet in retirement, it'...
  • Keeping score on credit

    The use of credit scores and reports dates back nearly 60 years. In 1956, engineer Bill Fair and mathematician Earl Isaac formed the Fair Isaac Corporation (FICO) on the premise that data could be mined and used to inform business decisions. Two years...
  • Ex-student of Corinthian Colleges took protest over $130,000 debt to D.C.

    Ex-student of Corinthian Colleges took protest over $130,000 debt to D.C.
    Dawn Thompson was newly divorced and seeking the promise of a brighter future when she enrolled in the online paralegal studies program offered by for-profit Everest University in 2005. Six years later, the Springfield mother of two found herself with...
  • A chance to rein in payday loan abuse

    A chance to rein in payday loan abuse
    The Consumer Financial Protection Bureau has finally turned its regulatory gaze to short-term lenders — think payday loan and automobile title loan companies — that build businesses around loans that can't be repaid. The bureau floated a...
  • Corinthian students to get $480 million relief from 'predatory' loans

    Corinthian students to get $480 million relief from 'predatory' loans
    Students who took out private loans while attending schools owned by the for-profit Corinthian Colleges Inc. will be eligible for 40% reductions in their loan balances. The U.S. Consumer Financial Protection Bureau announced the private student loan...
  • Personal Finance Q&A: Wrong address leads to credit card default

    Personal Finance Q&A: Wrong address leads to credit card default
    Dear Liz: A debt collector says I owe a small debt from a store credit card I opened about six months ago. The wrong address was on file, so I hadn't received any documentation at all. After opening the account I had called the store customer service line...
  • Corinthian Colleges to be delisted from Nasdaq next week

    Corinthian Colleges to be delisted from Nasdaq next week
    Corinthian Colleges Inc., the troubled Santa Ana for-profit college operator, is likely to be delisted from the Nasdaq stock exchange by next week, according to company disclosures. Corinthian, which has been on a downward spiral since the federal...
  • When debt collectors cross the line

    Never underestimate the tenacity of debt collectors to get their man -- even if it's the wrong one. I know firsthand what that experience feels like. Several times in this column I've written about my case of mistaken identity. Years ago, my home...