Friday, March 29th, 2024

News Tagged - 'CFPB'

FDIC Investigating Banks Offering Payday Loans

June 20, 2012

Payday loan companies are known for outrageous interest rates; now, banks are hoping to cash in by offering customers similar products.

New CFPB Complaint Database Applauded

June 18, 2012

So far, the CFPB credit card complaint database is being hailed as the first real step towards financial transparency. It’s expected mortgages and student loans are next on the agency’s radar.

New Mandatory Arbitration Guidelines?

May 30, 2012

For decades, companies have worked double time to keep consumers from suing and instead, entering into arbitration.