CFPB sues Comerica Bank over federal benefits program
A Comerica Bank sign on a building in Walnut Creek, California, March 30, 2023. Smith Collection/gado | Archive Photos |…
Navient reaches $120 million settlement with CFPB for misleading student loan borrowers
Student loan giant Navient has reached a $120 million settlement with the Consumer Financial Protection Bureau over its practices with…
Navient reaches $120 million settlement with CFPB for misleading student loan borrowers
Student loan giant Navient has reached a $120 million settlement with the Consumer Financial Protection Bureau over its practices with…
CFPB cracks down on popular paycheck advance programs. Here’s what that means for workers
The Consumer Financial Protection Bureau is cracking down on so-called paycheck advance programs, which have grown popular with workers in…
Supreme Court rules Consumer Financial Protection Bureau funding structure is legal
The Supreme Court ruled Thursday that the funding structure of the Consumer Financial Protection Bureau is legal. The court in…
Big banks have drastically cut overdraft fees, but customers still paid $2.2 billion last year
The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators…
Toyota financing arm fined $60 million by consumer watchdog for car loan scam
WASHINGTON — The U.S. financing arm for Toyota was fined $60 million Monday by a federal consumer regulator for preventing car buyers…
Supreme Court case may gut the CFPB: Consumer watchdog’s ‘future is on the line,’ group says
The Supreme Court is set to hear oral arguments Tuesday in a case with the potential to gut the Consumer…
Money stored in payment apps such as Venmo may be more vulnerable than bank deposits, CFPB says
WASHINGTON — Money held in nonbank, peer-to-peer payment apps is not guaranteed for federal deposit insurance protection, which makes the…
