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The lawsuit, filed on Jan. 7, 2024, alleges Experian has been conducting "sham investigations" of consumer report errors, potentially jeopardizing millions of Americans' access to credit ...
The CFPB's lawsuit, filed in a U.S. District Court in California, seeks to stop the company's unlawful conduct and a civil money penalty, which would be paid into the agency's victims relief fund.
The Consumer Financial Protection Bureau (CFPB) experienced a significant security breach when a former employee transferred confidential information on approximately 256,000 consumers and forty-five financial institutions to their personal email account.
The Consumer Financial Protection Bureau’s recent rules on overdraft and credit card late fees are in jeopardy, while others face an uncertain future. ... He also dropped a lawsuit against ...
The Consumer Financial Protection Bureau, which Congress established to monitor credit card companies, mortgage providers, debt collectors and other segments of the consumer finance industry, is ...
Consumer Financial Protection Bureau v. RD Legal Funding, LLC, 332 F. Supp. 3d 729 (S.D.N.Y. 2018), is a lawsuit by the Consumer Financial Protection Bureau (CFPB) and the Attorney General of New York against Defendants RD Legal Funding, LLC, RD Legal Finance, LLC, RD Legal Funding Partners, LP and Roni Dersovitz, the founder and owner of the RD Entities.
A lawsuit claims Trump officials plan to lay off 95% of staffers at the Consumer Financial Protection Bureau. ... to the 2007-2008 housing and financial crisis. The lawsuit argues that by tearing ...
The CFPB was created after the financial crisis of 2007–2008 as part of the Dodd–Frank Wall Street Reform and Consumer Protection Act.While initially aimed to protect consumers from bad mortgage lenders that had partially created the financial crisis, the CFPB has also involved itself in other areas at high risk of fraudulent activity that harm consumers, such as credit cards, credit ...