Newsroom

Today, we are releasing our fourth report on this market, which is a study of single-payment auto title loans. Our study analyzed nearly 3.5 million loans...

Interagency Guidance Details Supervisory Expectations for Preventing Consumer Harm.

Majority of Auto Title Loan Business Comes From Borrowers Stuck In Debt for Most of the Year.

Bureau Alleges All American Check Cashing Hid Fees and Pressured Borrowers into Multiple Loans.

Thank you to Albuquerque for the warm welcome you have given us. This is our 34th field hearing since the Bureau first opened its doors and started...

Bureau Seeks Comment on Proposal to Ban a Contract Gotcha that Prevents Groups of Consumers from Suing Consumer Financial Companies.

Online Filing Option Will Improve Efficiency and Reduce Costs.

Prototype Disclosures Outline Path to Affordable Payments for Borrowers Trying to Avoid Debt Distress.

I am pleased to join my colleagues at the Department of Education and the Department of the Treasury as we continue to improve student loan repayment and address the many problems in student loan servicing that we have highlighted over the past year.

Report Also Includes Look at Consumer Complaints from California.

CFPB Bars Law Firm, Debt Buyer from Churning Out Illegal Collections Lawsuits and Imposes $2.5 Million in Penalties.

CFPB Targets Davit Gasparyan and Dmitry Fomichev, Who Operated Company that Sold Consumers’ Loan Applications Without Safeguards.

Thank you for joining us. From the beginning, the small-dollar lending market, which includes payday loans, has been an area of focus for us at the Bureau...

Repeat Debit Attempts Add Steep, Hidden Cost for Borrowers Yet Typically Fail to Recover Payments Today the Bureau issued a report that found that attempts...

Today, the Bureau is announcing the addition of several new members to leadership positions within the Bureau. The positions being announced today are: the...

Chairman Shelby, Ranking Member Brown, and Members of the Committee, thank you for the opportunity to testify today about the Bureau's Semi-Annual Report to...

Crossposted from Medium.com. This column was originally posted online on April 5, 2016. Each year at this time, many consumers receive the largest lump sum...

I am pleased to join you to champion the cause of transparency, which the FCC is advancing today with its proposed disclosure for broadband consumers. But...

Student Aid Institute Illegally Tricked Borrowers Into Paying Fees for Federal Loan Benefits The Bureau today took action to halt a student loan debt relief...

Report Also Includes Look at Consumer Complaints from Florida Today, the Bureau released its latest monthly consumer complaint snapshot, highlighting...

At the Bureau, we are working to make financial markets function better for this country's 320 million consumers. Of special interest to us are the special...

One in Five Older Americans Report Being Victims of Financial Exploitation The Bureau today issued an advisory and a report with recommendations for banks...

The Bureau today issued an interim final rule that broadens the availability of certain special provisions for small creditors that operate in rural or...

CFPB Enforcement Actions Returned Over $5 Million to Servicemembers in 2015 The Bureau released an annual report today from the Office of Servicemember...

Court Rules that Morgan Drexen and Walter Ledda Charged Illegal Upfront Fees and Deceived Consumers At the request of the Bureau, a federal district court...