CFPB: ‘Junk fees’ in auto servicing are unfair, deceptive
Continuing its aggressive push of investigating and regulating so-called junk fees charged by banks and financial companies, the Consumer Financial ...
Tag: Bureau of Consumer Financial Protection
CFPB seeks to publicly register loan terms, consent orders
Auto lenders may soon need to register consumer protection law-related consent orders or judgments imposed on them in a new ...
CFPB pulls back on rulemaking in spring agenda, prompting focus on guidance
The Consumer Financial Protection Bureau is taking a step back from rulemaking, prompting auto lenders to lean more heavily on ...
Bostock decision prompts LGBTQ fair lending considerations
PLANO, TEXAS — The Consumer Financial Protection Bureau (CFPB) has clarified that gender identity and sexual orientation are included in ...
CFPB shake-up: What administration changes may mean for auto lenders
Things are quickly changing at the Consumer Financial Protection Bureau. President Joe Biden made Dave Uejio acting director of the ...
Consumer confusion prompts 22% increase in vehicle finance complaints to CFPB in 2020
Consumer confusion around loan modification programs and repossession moratoria prompted an increase in auto finance complaints with the Consumer Financial ...
Consumer debt-collection complaints increased 10% in 2020, CFPB report shows
More consumers had trouble with debt-collection practices in 2020 compared to a year ago, with the Consumer Financial Protection Bureau ...
Compliance amid a pandemic: Top 5 stories in 2020
Nothing throws compliance into focus quite like a worldwide pandemic. When the COVID-19 pandemic hit the U.S. in March, auto ...
