June 01, 2023
Enforcement and supervisory policy guidance on a new CFPB rule on the collection of small business lending data was published in the Federal Register. The effective date is August 29, 2023.
News & Insights
344 News Results
May 31, 2023
In a Consent Order, the CFPB ordered a personal loan installment lender to pay $20 million in penalties for deceptive and abusive sales practices in connection with loan originations, renewals and product add-ons.
May 24, 2023
The CFPB concluded that the unilateral reopening of an account by a financial institution after the consumer closed the account could constitute an "unfair act or practice."
May 23, 2023
A bank settled CFPB charges for failing to respond to customers’ credit card disputes and fraud claims.
May 11, 2023
The CFPB set a comment deadline of June 12, 2023 for an interim final rule amending Regulation Z ("Truth in Lending") to facilitate the transition from LIBOR.