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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
  • Consumer agency warns of student loan defaults if co-signer dies

    Consumer agency warns of student loan defaults if co-signer dies
    A new report released Tuesday by the Consumer Financial Protection Bureau is warning borrowers of a catch that is pushing private student loans into default even if the loan is in good standing.   The federal consumer agency said that borrowers complain...
  • Regulator accuses ITT for-profit college chain of predatory lending

    [Updated 1:45 p.m. PST Feb. 26: This post has been updated to include a response from ITT Educational Services and to reflect the closing stock price.] In its first action against a company in the for-profit college industry, the federal Consumer...
  • Fairwinds Credit Union customers cope with online-banking outages

    Fairwinds Credit Union customers cope with online-banking outages
    Fairwinds Credit Union's online banking turned into an on-again, off-again system for more than a month recently, frustrating customers for hours at a time as they tried to access their accounts and conduct transactions. "Down again? What is going on...
  • Mortgage servicer to pay $268 million to Californians

    Mortgage servicer to pay $268 million to Californians
    California victims of alleged foreclosure abuses will get $268 million in relief from a $2.1-billion national settlement with Ocwen Financial Corp., the nation's largest non-bank provider of mortgage customer service. Ocwen broke state law by improperly...
  • Why Elizabeth Warren's new book doesn't read like presidential prologue

    Elizabeth Warren's ninth book is a campaign biography with a twist. Warren, who emerged as a national figure during the early days of the financial crisis, rapidly became a star of the Democratic Party's liberal-populist wing. Her 2012 Senate campaign...
  • Reduce college costs while in high school

    Reduce college costs while in high school
    College is a significant investment and how to pay for it can be a major source of concern for parents and students. However, there are ways to reduce the amount of debt you take on when preparing for higher education. Outstanding student loan debt...
  • 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...
  • Data compilers' secret scores have consumers pegged — fairly or not

    Consumers won access to their credit scores more than a decade ago, after advocates voiced concerns over errors and lending bias. But most people remain in the dark about hundreds of other data-collection programs still being used to size up consumers...
  • New report shows continued frustration with the accuracy, dispute process of credit reports

     
    About one of every 10 complaints filed with the Consumer Financial Protection Bureau has been about credit reporting. The majority of the complaints deal with the accuracy and completeness of the data. Last week, the agency warned companies that provide.....
  • Most payday loan borrowers get stuck in 'revolving door of debt'

    Most payday loan borrowers get stuck in 'revolving door of debt'
    WASHINGTON — Four out of five people who take out a short-term payday loan either roll it over or take out another one within two weeks, pushing them into a cycle of debt, according to a report to be released Tuesday by the Consumer Financial...
  • For consumers, more ways to complain

    For consumers, more ways to complain
    When the company Maggie Argent hired to make her mother's headstone didn't do the work, she turned to the forum that gives aggrieved customers an outlet — in the court of public opinion, if nothing else: the Internet. Argent's online complaint...