Financial Scams

CFPB ombudsman’s office 2024 annual report

The Ombudsman’s Office annual report, which I delivered to the Director, is available today on our webpage.This year, we reflected…

2 years ago

CreditRepair.com and Lexington Law refund checks: What you need to know

What is a redress payment, and who is sending it?A redress payment compensates a consumer who has been wronged.The Consumer…

2 years ago

Los cheques de reembolsos de CreditRepair.com y Lexington Law: Lo que usted necesita saber

What is a redress payment, and who is sending it?A redress payment compensates a consumer who has been wronged.The Consumer…

2 years ago

New tactics from companies trying to charge illegal junk fees

The Consumer Financial Protection Bureau (CFPB) is working to combat junk fees across the consumer financial marketplace. As companies are…

2 years ago

Protecting you from unlawful debt collection at work

Dealing with debt collection can be a source of significant stress for many people trying to navigate an already challenging…

2 years ago

New protections for payday and installment loans take effect March 30

Starting March 30, 2025, payday and installment lenders must begin complying with important new requirements when they try to collect…

2 years ago

Holding Credit Reporting Companies Accountable for Junk Data

Credit reports serve as economic gatekeepers for millions of Americans seeking to buy a home, start a business, or get…

2 years ago

LFG (Looking for gamers): CFPB wants to hear about your video game loot

Every year, Americans spend billions of dollars on video games and virtual worlds. A large portion of those expenses are…

2 years ago

Strengthening Appraisal Oversight: Progress at the Appraisal Subcommittee

I am very pleased to provide this informal report on the progress made by the Appraisal Subcommittee (ASC) since I…

2 years ago

Back from the Dead: Zombie Second Mortgages

Forgotten second mortgages may be coming back to haunt homeowners who haven’t received notices or account statements for years. Some…

2 years ago