Financial Scams

What we’re learning: Medical debt’s impact on Alaska Native communities

This week, CFPB Director Rohit Chopra will visit Alaska to meet with Tribal leaders, financial institutions, and consumer advocates to discuss the consumer finance issues

Financial Scams

Preserving free access to money in your account

A key priority for the CFPB is preserving relationship banking in an era of increasing digitization. Over the last year, we have been carefully studying

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Promoting competition in payments | Consumer Financial Protection Bureau

As consumers increasingly move and store their money using mobile device apps, we have seen a rise in Big Tech conglomerates extending their reach into

Financial Scams

High Interest Rates Set to Increase the Cost of Student Loans in 2024

On July 1, interest rates for new federal student loans rose to their highest levels since before the Great Recession. Interest rates for undergraduate loans

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Debt collectors that take advantage of surviving spouses and their vulnerabilities

The death of a spouse or partner can be one of life’s most devastating and stressful experiences. For many people, losing a partner takes a

Financial Scams

CFPB launches public comment process for open banking standard setter recognition

The Consumer Financial Protection Bureau (CFPB) is taking a crucial step towards implementing rules for open banking in the United States. We are now publishing

Financial Scams

La Deuda Médica y las Prácticas de Facturación de los Hospitales sin Fines de Lucro

La deuda médica continúa agobiando a millones de consumidores en el país, y en la CFPB, hemos convertido este problema en el foco central de

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Medical Debt and Non-Profit Hospital Billing Practices

Medical debt continues to burden millions of consumers, and the CFPB has made addressing this issue a central focus of our work. We have examined

Financial Scams

CFPB distribuirá $191 millones a perjudicados por Tempoe | CFPB

Este mes, más de 250.000 consumidores que fueron perjudicados por la compañía de arrendamiento Tempoe, LLC, comenzarán a recibir cheques de reembolsos por correo. Tempoe

Financial Scams

CFPB to distribute over $191 million to consumers harmed by Tempoe

This month, over 250,000 consumers harmed by leasing company Tempoe, LLC, will begin receiving refund checks in the mail. Tempoe offered point-of-sale financing at major