Consumer News Cfpb Charges Some Lenders Are Misleading Consumers
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MoneyLion to pay $1.75M to settle CFPB lawsuit
The bureau in 2022 alleged the fintech illegally charged an interest rate that exceeds the 36% cap on loans to service members. Read More
CFPB Proposes Limiting Its Nonbank Lender Supervision
The Consumer Financial Protection Bureau (CFPB) has issued a proposed rule that could reshape how it asserts supervisory authority over nonbank mortgage lenders and other financial firms. Published in ... Read More
Consumer watchdog CFPB clearing remaining cases prior to expected mass firings
Nearly all pending compliance issues flagged by CFPB examiners are being closed without verification. Mass layoffs and budget cuts threaten the agency’s ability to police banks and finance companies. Read More
Trump’s CFPB Has Dropped More Than 20 Cases. Consumers Could Miss Out on ‘Potentially Over $3 Billion’
Few federal agencies have experienced the upheaval that the Consumer Financial Protection Bureau has faced so far in 2025. The Trump administration has attempted to fire much of the agency’s workforce ... Read More
Beware of influencers bearing tall tales: the CFPB is not handing out money
A new wave of social media influencers is pushing misinformation and dubious financial advice by exploiting the Consumer Financial Protection Bureau’s complaint portal. Two prominent figures, Daraine ... Read More
Trump’s CFPB scraps nearly 2 dozen orders on redlining, illegal fees
(NewsNation) — The Consumer Financial Protection Bureau under President Donald Trump has dropped nearly two dozen consent orders that regulated banks and lenders accused of violations such as ... Read More
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