consumer protection

CFPB Says Debt Collectors Try to Collect on Already-Paid Medical Bills
CFPB Says Debt Collectors Try to Collect on Already-Paid Medical Bills
September 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has found that debt collectors are using illegal tactics, and it is taking steps to ensure they follow consumer financial...

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AI Data Mining Uses Machine Learning to Glean Insights
AI Data Mining Uses Machine Learning to Glean Insights
September 03, 2024  |  artificial intelligence

In an era where data is often called the new oil, artificial intelligence (AI) is the tool extracting valuable insights from vast digital reserves. AI-powered...

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Regulators Have Been Sounding the Drip Pricing Alarm for Years
Regulators Have Been Sounding the Drip Pricing Alarm for Years
July 31, 2024  |  Regulation

Washington, D.C., Attorney General Brian Schwalb’s new lawsuit against StubHub is just the latest occasion to call attention to practices that regulators have been contesting...

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CFPB Rent-A-Center Affiliate Acima Lawsuit Claims Illegal Lending Practices
CFPB Rent-A-Center Affiliate Acima Lawsuit Claims Illegal Lending Practices
July 28, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has accused rent-to-own company Acima of tricking customers into high-cost financing agreements. The CFPB on Friday (July 26) sued...

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CFPB Finds Junk Fees on the Menu of School Lunch Programs
CFPB Finds Junk Fees on the Menu of School Lunch Programs
July 25, 2024  |  CFPB

Junk fees are taking a toll on lower-income parents trying to pay for school lunches. So says the Consumer Financial Protection Bureau (CFPB), which released...

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BNPL Firms Ask for 5 More Months to Prepare for CFPB Rules
BNPL Firms Ask for 5 More Months to Prepare for CFPB Rules
July 17, 2024  |  BNPL

The end of the month is speeding toward the buy now, pay later (BNPL) industry — and with it, new rules and regulations regarding consumer...

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CFPB Finds Failures in Loan Collection and Medical Credit Cards
CFPB Finds Failures in Loan Collection and Medical Credit Cards
July 02, 2024  |  CFPB

The companies collecting Americans’ student loans, auto loans and medical payments have some work to do. That’s according to a report issued Tuesday (July 2) by the Consumer...

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CFPB: Lenders Must Stop Hiding Unlawful Terms in Fine Print
CFPB: Lenders Must Stop Hiding Unlawful Terms in Fine Print
June 04, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is warning businesses against hiding “unlawful or unenforceable terms” in contracts’ fine print. “Companies use this fine print tactic...

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CFPB Says BNPL Must Provide Consumer Protections Offered by Credit Cards
CFPB Says BNPL Must Provide Consumer Protections Offered by Credit Cards
May 22, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) ruled Wednesday (May 22) that buy now, pay later (BNPL) vendors are credit card providers and must provide some...

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