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The Consumer Financial Protection Bureau (CFPB) experienced a significant security breach when a former employee transferred confidential information on approximately 256,000 consumers and forty-five financial institutions to their personal email account. [3] [4] The unauthorized transfer involved data from seven firms, though the majority of ...
The Consumer Financial Protection Bureau (CFPB) is an independent agency of the United States government responsible for consumer protection in the financial sector.CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors, and other financial companies operating in the United States.
Getting a call, email or letter from a company that claims to be a debt collector can be alarming. Before giving out any information, consider these six signs of a scam. 1. They pressure you. A ...
Credit agencies are the most common subject of complaints filed to the federal Consumer Financial Protection Bureau, according to research by the U.S. Public Interest Research Group (PIRG ...
There have been instances of the Consumer Financial Protection Bureau (CFPB) receiving complaints from consumers saying they received store cards in the mail even though they declined offers to ...
The Consumer Financial Protection Bureau received $100 million, the Los Angeles City Attorney received $50 million, and the Office of the Comptroller of the Currency received the last $35 million. The fines received substantial media coverage in the following days, and triggered attention from further interested parties.
The Supreme Court on Thursday rejected a conservative-led attack that could have undermined the Consumer Financial Protection Bureau. The justices ruled 7-2 that the way the CFPB is funded does ...
The Consumer Financial Protection Bureau was created after the financial crisis of 2007–2008 as part of the Dodd–Frank Wall Street Reform and Consumer Protection Act. While initially aimed to protect consumers from bad mortgage lenders that had partially created the financial crisis, the CFPB has also involved itself in other areas at high ...
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