A federal agency called the Consumer Financial Protection Bureau — CFPB for short — has taken big steps to help people with medical debt. But in early February, the Trump administration moved to effectively shutter the agency. Chi Chi Wu, senior attorney at the National Consumer Law Center — describes the court battle she and…
Enforcement action accuses Transunion of using ‘dark patterns’ to mislead consumers into purchasing monthly subscriptions they don’t need.
Communities across the country rely on HUD funding for critical housing and homelessness programs, but the Trump administration plans to terminate half of all HUD staff. This will make it impossible for communities to access congressionally approved federal investments needed to address their most pressing housing and homelessness challenges, including the FHA mortgage program. As a…
Cases Dropped Against Mobile Home Lender, Rocket Homes, Student Loan Servicer, and More Let Corporate Wrongdoers Off Scot-Free
With CFPB Under Shut-Down Order, Consumers and Groups Act To Save Lifeline for People Harmed by Medical Debt SHERMAN, TEXAS – With the Consumer Financial Protection Bureau (CFPB) under a stop-work order and unable – and apparently unwilling – to defend a rule removing medical debt from credit reports, a coalition of affected consumers and…
Peer-to-peer loan platform, sued by multiple states, claims 0% APR for 400% APR loans WASHINGTON ––Late Friday the Consumer Financial Protection Bureau (CFPB) dismissed, with prejudice, an enforcement action that it had filed last year against SoLo Funds for deceiving borrowers and illegally extracting fees. Under the previous administration, the CFPB had charged SoLo Funds…
Read More about CFPB Drops Lawsuit Against Illegal Tip-Based Payday Lender
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