https://www.cfpb.website/about-us/blog/en-usMon, 28 Oct 2024 00:00:00 -0400https://www.cfpb.website/about-us/blog/cfpb-distribuira-191-millones-a-perjudicados-por-tempoe/Este octubre, más de 250.000 consumidores que fueron perjudicados por la compañía de arrendamientos Tempoe, LLC, comenzarán a recibir cheques por correo. Tempoe engañó a los clientes de grandes comercios para que tomaran costosos contratos de arrendamiento.Mon, 28 Oct 2024 00:00:00 -040018958<>cfpb.websiteInfo for consumersEnforcementhttps://www.cfpb.website/about-us/blog/cfpb-to-distribute-over-191-million-to-consumers-harmed-by-tempoe/In October, over 250,000 consumers harmed by leasing company Tempoe, LLC, will begin receiving refund checks in the mail. Tempoe tricked customers of major retailers into expensive lease agreements.Mon, 28 Oct 2024 00:00:00 -040018960<>cfpb.websiteInfo for consumersEnforcementhttps://www.cfpb.website/about-us/blog/la-deuda-medica-y-las-practicas-de-facturacion-de-los-hospitales-sin-fines-de-lucro/Los hospitales sin fines de lucro deben ofrecer asistencia financiera. Muchos consumidores no reciben esta asistencia, o son acosados por cobradores.Tue, 01 Oct 2024 00:00:00 -040018921<>cfpb.websiteData, research, and reportsConsumer complaintsDebt collectionMedical debthttps://www.cfpb.website/about-us/blog/medical-debt-and-non-profit-hospital-billing-practices/Millions of consumers seek urgent medical care at non-profit hospitals that are required to provide financial assistance to patients in need. However, many eligible consumers either don’t receive this financial assistance or are pursued by debt collectors for bills they don’t owe.Tue, 01 Oct 2024 00:00:00 -040018871<>cfpb.websiteData, research, and reportsConsumer complaintsDebt collectionMedical debthttps://www.cfpb.website/about-us/blog/cfpb-launches-public-comment-process-for-open-banking-standard-setter-recognition/The public can submit comments on open banking standard-setter applications to ensure the development of fair and effective open banking standards that serve the interests of all stakeholders, especially consumers.Tue, 24 Sep 2024 00:00:00 -040018855<>cfpb.websitePolicy and complianceBankingChecking accountCredit cardsDataDebit cardsElectronic paymentsPrivacyhttps://www.cfpb.website/about-us/blog/debt-collectors-that-take-advantage-of-surviving-spouses-and-their-vulnerabilities/The CFPB is concerned that medical debt collectors may try to capitalize on surviving spouses’ vulnerabilities to try to collect unpaid medical bills, including bills that may not even be owed.Fri, 20 Sep 2024 00:00:00 -040018850<>cfpb.websitePolicy and complianceDebt collectionMedical debtOlder Americanshttps://www.cfpb.website/about-us/blog/high-interest-rates-set-to-increase-the-cost-of-student-loans-in-2024/Higher student loan interest rates could cost students over $3 billion in additional interest for loans taken out in this year alone.Fri, 13 Sep 2024 00:00:00 -040018802<>cfpb.websiteData, research, and reportsStudent loanshttps://www.cfpb.website/about-us/blog/promoting-competition-in-payments/Director Chopra reacts to Apple’s recent announcement about planned changes to “tap-to-pay” functionality on its iOS devices.Wed, 28 Aug 2024 00:00:00 -040018760<>cfpb.websiteDirector's notebookBankingElectronic paymentshttps://www.cfpb.website/about-us/blog/preserving-free-access-to-money-in-your-account/The CFPB has found that people are paying more for their cash, not only at out-of-network ATMs, but also at places like grocery stores and retailers that previously provided access for free.Tue, 27 Aug 2024 00:00:00 -040018758<>cfpb.websiteDirector's notebookBankingDebit cardsPrepaid cardshttps://www.cfpb.website/about-us/blog/what-were-learning-medical-debts-impact-on-alaska-native-communities/There is a disproportionate impact of medical debt on American Indian and Alaska Native consumers, in Alaska and across the United States.Mon, 26 Aug 2024 00:00:00 -040018754<>cfpb.websiteAt the CFPBConsumer complaintsCredit reports and scoresDebt collectionFair Credit Reporting ActMedical debtNative communitiesResearchhttps://www.cfpb.website/about-us/blog/what-buy-now-pay-later-lenders-are-doing-to-be-upfront-with-borrowers/The CFPB has received feedback on its BNPL interpretive rule and will now provide more clarity and guidance on company compliance and the benefits to consumers.Fri, 16 Aug 2024 00:00:00 -040018741<>cfpb.websiteDirector's notebookAccess to creditFinancial service providershttps://www.cfpb.website/about-us/blog/recover-financially-from-floods-and-take-steps-for-the-rest-of-the-storm-season/Tropical Storm Debby caused heavy flooding all over the eastern part of the country. We have tips to help you get back on your feet financially and prepare for an active storm season.Fri, 09 Aug 2024 00:00:00 -040018726<>cfpb.websiteInfo for consumersDisasters and emergencieshttps://www.cfpb.website/about-us/blog/recupere-sus-finanzas-despues-de-una-inundacion/La tormenta tropical Debby provocó grandes inundaciones en todo el este del país. Contamos con consejos que le ayudarán a recuperarse financieramente y a prepararse para una activa temporada de tormentas.Fri, 09 Aug 2024 00:00:00 -040018759<>cfpb.websiteInfo for consumersDisasters and emergencieshttps://www.cfpb.website/about-us/blog/credit-card-delinquencies-are-higher-than-in-2019-because-lenders-took-on-more-risk/Credit card delinquencies increased rapidly since 2021 and are higher than in 2019. We show this increase is explained by lenders effectively loosening lending standards.Tue, 06 Aug 2024 00:00:00 -040018714<>cfpb.websiteData, research, and reportsCredit cardsCredit reports and scoresResearchhttps://www.cfpb.website/about-us/blog/junk-fees-that-harm-competition/The CFPB filed an amicus brief to help ensure that mortgage servicers acting as debt collectors don’t improperly charge fees that prevent consumers from shopping around.Tue, 06 Aug 2024 00:00:00 -040018709<>cfpb.websiteAt the CFPBDebt collectionMortgage servicinghttps://www.cfpb.website/about-us/blog/what-were-hearing-financial-challenges-along-the-gulf-coast/CFPB Director Rohit Chopra recently met with people in Alabama, Louisiana, and Texas. He combines his on-the-ground observations with the CFPB’s complaint data to identify and address financial challenges along the Gulf Coast.Wed, 31 Jul 2024 00:00:00 -040018680<>cfpb.websiteDirector's notebookConsumer complaintsDisasters and emergenciesMedical debtMortgageshttps://www.cfpb.website/about-us/blog/escuchamos-los-retos-financieros-en-la-costa-del-golfo/Nuestro director, Rohit Chopra se reunió con gente de Alabama, Louisiana y Texas. Combinando sus observaciones sobre el terreno, con los datos de las quejas que hemos recibido, pudimos identificar y abordar los retos financieros existentes en la costa del Golfo.Wed, 31 Jul 2024 00:00:00 -040018980<>cfpb.websiteDirector's notebookConsumer complaintsDisasters and emergenciesMedical debtMortgageshttps://www.cfpb.website/about-us/blog/cfpb-distribuye-mas-de-8-millones-a-consumidores/La CFPB actuó contra la compañía All American y contra su dueño, Michel Gray, por no divulgar el costo de cobrar un cheque, usar tácticas engañosas para evitar que consumidores cancelaran o pidieran reembolso de transacciones y mentir acerca de los beneficios de los costosos préstamos del día de pago.Tue, 30 Jul 2024 00:00:00 -040018681<>cfpb.websiteInfo for consumersCivil Penalty Fundhttps://www.cfpb.website/about-us/blog/cfpb-to-distribute-over-8-million-to-consumers-harmed-by-all-american-check-cashing-inc/The CFPB took action against the check cashing and payday loan company All American and its owner, Michael Gray, for failing to disclose the cost of cashing a check, using deceptive tactics to prevent consumers from canceling or refunding a transaction, and making deceptive statements about the benefits of its high-cost payday loans.Tue, 30 Jul 2024 00:00:00 -040018687<>cfpb.websiteInfo for consumersCivil Penalty Fundhttps://www.cfpb.website/about-us/blog/cfpb-to-distribute-more-than-53-million-to-consumers-harmed-by-brightspeed-solutions/In July, 122,507 consumers harmed by BrightSpeed Solutions and its founder, Kevin Howard, will begin receiving refund checks in the mail. CFPB sued the privately-owned, third-party payment processor for knowingly facilitating payments for companies that tricked consumers into expensive and unnecessary antivirus software or services.Tue, 23 Jul 2024 00:00:00 -040018671<>cfpb.websiteInfo for consumersCivil Penalty Fundhttps://www.cfpb.website/about-us/blog/cfpb-distribuye-mas-de-53-millones-a-consumidores-afectados-por-brightspeed-solutions/Consumidores afectados por BrightSpeed Solutions y su fundador Kevin Howard, recibirán reembolsos por correo. La compañía facilitó el engaño a consumidores.Tue, 23 Jul 2024 00:00:00 -040018673<>cfpb.websiteInfo for consumersCivil Penalty Fundhttps://www.cfpb.website/about-us/blog/como-recuperarse-financieramente-del-huracan-beryl/Le mostramos consejos para que recupere y reconstruya sus finanzas luego del paso del huracán Beryl, además de pasos que puede tomar con antelación para prepararse para una posible emergencia.Mon, 15 Jul 2024 00:00:00 -040018660<>cfpb.websiteInfo for consumersDisasters and emergencieshttps://www.cfpb.website/about-us/blog/how-to-recover-financially-after-hurricane-beryl/Here are tips to recover and rebuild financially in the aftermath of Hurricane Beryl, as well as steps you can take to prepare in advance for a potential emergency.Mon, 15 Jul 2024 00:00:00 -040018658<>cfpb.websiteInfo for consumersDisasters and emergencieshttps://www.cfpb.website/about-us/blog/the-cfpb-is-working-to-reinforce-the-foundation-of-a-fair-nondiscriminatory-and-competitive-mortgage-market/CFPB’s HMDA enforcement cases and research focus on ensuring financial institutions comply with HMDA and Regulation C’s requirement to report complete and accurate mortgage lending information.Fri, 28 Jun 2024 00:00:00 -040018637<>cfpb.websitePolicy and complianceEnforcementEqual Credit Opportunity ActFair lendingHome Mortgage Disclosure ActMortgage originationMortgagesRedliningSupervisionhttps://www.cfpb.website/about-us/blog/the-cfpbs-2023-fair-lending-annual-report-to-congress/The CFPB releases its Fair Lending Annual Report to Congress, describing its fair lending activities in enforcement and supervision; guidance and rulemaking; interagency coordination; and outreach and education for calendar year 2023.Wed, 26 Jun 2024 00:00:00 -040018631<>cfpb.websiteData, research, and reportsDiscriminationEqual Credit Opportunity ActFair lendingHome Mortgage Disclosure ActRedliningRegulation BRegulation C