Consumer Financial Protection Bureau
Consumer complaints about abusive tactics are prompting the government watchdog to look into new rules and regulations.
By Jim Donovan PHILADELPHIA (CBS) — A Federal Trade Commission study of the U.S. credit reporting industry has found that one in five consumers had an error in a credit report and five percent had […]
By Jim Donovan: Six million Discover, American Express and Capital One customers are getting refunds. Are you one of them? The three credit card companies are paying back customers a total of $435 million because […]
US Senator Bob Casey (D-Pa.) is calling for more federal action to help people get mortgages, to stabilize neighborhoods in which property values are low.
By Jim Donovan: The Consumer Financial Protection Bureau (CFPB) has announced an enforcement action with orders requiring three American Express subsidiaries to refund an estimated $85 million to approximately 250,000 customers for illegal card practices. […]
Tonight, when Vice President Biden and President Obama address the country the question before them is an obvious one: are we better off than we were four years ago? The answer is equally obvious: YES!
The government’s new consumer watchdog agency is launching an investigation into costly overdraft fees charged by big banks, and the investigation could result in new rules or even lawsuits if banks are accused of violating consumer laws.