Showing 61 to 72 of 75 results
CFPB Removes Medical Debt from Credit Reports: Impacts and Uncertainties
The Consumer Financial Protection Bureau is removing medical debt from the credit reports of millions of Americans, impacting about 20 percent of the population, aiming to improve credit scores and access to credit but potentially affecting consumer and provider incentives.
CFPB Removes Medical Debt from Credit Reports: Impacts and Uncertainties
The Consumer Financial Protection Bureau is removing medical debt from the credit reports of millions of Americans, impacting about 20 percent of the population, aiming to improve credit scores and access to credit but potentially affecting consumer and provider incentives.
Progress
48% Bias Score
CFPB Needs Overhaul to Combat Rising Financial Fraud
A Cornerstone Advisors study reveals that nearly 100 million Americans consider fraud, scams, and cybersecurity the top banking issue, prompting calls for the CFPB to refocus its efforts on innovation and fraud prevention rather than regulation, as its current approach, such as implementing Section ...
CFPB Needs Overhaul to Combat Rising Financial Fraud
A Cornerstone Advisors study reveals that nearly 100 million Americans consider fraud, scams, and cybersecurity the top banking issue, prompting calls for the CFPB to refocus its efforts on innovation and fraud prevention rather than regulation, as its current approach, such as implementing Section ...
Progress
56% Bias Score
CFPB Sues Walmart, Branch Over Alleged Exploitation of Gig Workers
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Walmart and Branch, alleging they forced over one million delivery drivers into using Branch bank accounts, resulting in more than \$10 million in fees since 2021. Walmart and Branch dispute the allegations.
CFPB Sues Walmart, Branch Over Alleged Exploitation of Gig Workers
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Walmart and Branch, alleging they forced over one million delivery drivers into using Branch bank accounts, resulting in more than \$10 million in fees since 2021. Walmart and Branch dispute the allegations.
Progress
40% Bias Score
High Retail Credit Card APRs Persist Despite Federal Reserve Rate Cuts
The CFPB reported that 19% of retail credit cards have APRs above 35%, despite Federal Reserve interest rate cuts, due to various factors including a lack of federal interest rate caps and independent margin setting by credit card issuers; the average APR for new cards offered by the top 100 retaile...
High Retail Credit Card APRs Persist Despite Federal Reserve Rate Cuts
The CFPB reported that 19% of retail credit cards have APRs above 35%, despite Federal Reserve interest rate cuts, due to various factors including a lack of federal interest rate caps and independent margin setting by credit card issuers; the average APR for new cards offered by the top 100 retaile...
Progress
40% Bias Score
Trump Team Explores Unprecedented Bank Deregulation
President-elect Trump's transition team is exploring significant deregulation of US banks, including the potential closure or merger of regulatory agencies like the FDIC, despite the agency's crucial role in protecting depositors; these actions require Congressional approval and are unprecedented.
Trump Team Explores Unprecedented Bank Deregulation
President-elect Trump's transition team is exploring significant deregulation of US banks, including the potential closure or merger of regulatory agencies like the FDIC, despite the agency's crucial role in protecting depositors; these actions require Congressional approval and are unprecedented.
Progress
52% Bias Score
CFPB Caps Bank Overdraft Fees at $5, Saving Consumers $5 Billion Annually
The CFPB issued a rule limiting bank overdraft fees to $5 for banks with over $10 billion in assets, aiming to save consumers $5 billion annually and curb excessive fees.
CFPB Caps Bank Overdraft Fees at $5, Saving Consumers $5 Billion Annually
The CFPB issued a rule limiting bank overdraft fees to $5 for banks with over $10 billion in assets, aiming to save consumers $5 billion annually and curb excessive fees.
Progress
40% Bias Score
CFPB Sues Experian for Violating Fair Credit Reporting Act
The Consumer Financial Protection Bureau (CFPB) is suing Experian for violating the Fair Credit Reporting Act by conducting sham investigations into consumer credit report disputes, failing to properly review disputes, and reinserting inaccurate information, potentially harming consumers' access to ...
CFPB Sues Experian for Violating Fair Credit Reporting Act
The Consumer Financial Protection Bureau (CFPB) is suing Experian for violating the Fair Credit Reporting Act by conducting sham investigations into consumer credit report disputes, failing to properly review disputes, and reinserting inaccurate information, potentially harming consumers' access to ...
Progress
44% Bias Score
CFPB Sues Walmart, Holiday Sales Surge, Record Credit Card Debt
The CFPB is cracking down on unfair credit card practices, suing Walmart and Branch for allegedly forcing drivers into costly accounts, while holiday retail sales surged 3.8%, exceeding expectations; average U.S. credit card debt reached \$1.166 trillion.
CFPB Sues Walmart, Holiday Sales Surge, Record Credit Card Debt
The CFPB is cracking down on unfair credit card practices, suing Walmart and Branch for allegedly forcing drivers into costly accounts, while holiday retail sales surged 3.8%, exceeding expectations; average U.S. credit card debt reached \$1.166 trillion.
Progress
16% Bias Score
CFPB Sues Zelle Owners, Threatening to Eliminate Safer Payment System
The CFPB is suing Zelle's owners for hundreds of millions in scam losses, proposing banks cover losses which may lead to Zelle's discontinuation, highlighting the unintended consequences of price controls on innovation in consumer protection.
CFPB Sues Zelle Owners, Threatening to Eliminate Safer Payment System
The CFPB is suing Zelle's owners for hundreds of millions in scam losses, proposing banks cover losses which may lead to Zelle's discontinuation, highlighting the unintended consequences of price controls on innovation in consumer protection.
Progress
56% Bias Score
CFPB's Overdraft Fee Rule Could Eliminate Overdraft Protection
The Consumer Financial Protection Bureau (CFPB) proposed a rule to cap overdraft fees at \$5 or allow banks to set fees covering costs, potentially eliminating overdraft protection for bank customers.
CFPB's Overdraft Fee Rule Could Eliminate Overdraft Protection
The Consumer Financial Protection Bureau (CFPB) proposed a rule to cap overdraft fees at \$5 or allow banks to set fees covering costs, potentially eliminating overdraft protection for bank customers.
Progress
60% Bias Score
CFPB Overdraft Rule Caps Fees, Reshapes Banking
The CFPB's new overdraft rule, effective October 1, 2025, will cap overdraft fees at $5 or require cost-based fees or loan treatment for banks over $10 billion in assets, potentially saving consumers $5 billion annually.
CFPB Overdraft Rule Caps Fees, Reshapes Banking
The CFPB's new overdraft rule, effective October 1, 2025, will cap overdraft fees at $5 or require cost-based fees or loan treatment for banks over $10 billion in assets, potentially saving consumers $5 billion annually.
Progress
40% Bias Score
New Overdraft Fee Rule Caps Charges at $5, Targets $5 Billion in Annual Savings
The Biden administration finalized a rule limiting overdraft fees banks can charge, aiming to save consumers roughly $5 billion annually; the rule, set to take effect in October 2025, applies to banks with over $10 billion in assets and is projected to save households $225 per year.
New Overdraft Fee Rule Caps Charges at $5, Targets $5 Billion in Annual Savings
The Biden administration finalized a rule limiting overdraft fees banks can charge, aiming to save consumers roughly $5 billion annually; the rule, set to take effect in October 2025, applies to banks with over $10 billion in assets and is projected to save households $225 per year.
Progress
40% Bias Score
Showing 61 to 72 of 75 results