Americans are facing severe financial harm from financial scams. According to the Federal Trade Commission (FTC), scam losses ...
TransUnion and Experian, two of the three major credit bureaus, have started dismissing a larger share of consumer complaints without help since the Trump administration began dismantling the CFPB.
If CFPB goes unfunded, what would happen is the country would basically end up in the same spot where it was before the ...
Both Ignite Consulting Partners and the National Independent Automobile Dealers Association warned dealerships about what they believe to be a phishing scam with fraudsters pretending to be from the ...
When Coya Davis sought help for her $27,000 debt, she thought she found a lifeline. Instead, she entered a predatory scheme where debt settlement firms “rent” law licenses to charge illegal fees.
On December 22, the attorneys general from 22 states and territories filed a complaint in an Oregon federal district court for declaratory and injunctive relief against the CFPB, the Fed, and the ...
Free money from Zelle or Cash App—just for filling out a government form? That’s what some TikTok videos claim. But Consumer Reports has a warning: it’s not a windfall—it’s simply not true.Victims of ...
The Consumer Financial Protection Bureau (CFPB) recently added two new disclosures and an attestation requirement to the CFPB portal through which consumers may submit complaints about a financial ...
A House subcommittee debated new legislation to improve bank data sharing and slow down transactions to thwart sophisticated financial scams.
One year after the Trump administration took control of the Consumer Financial Protection Bureau, the consumer watchdog has largely retreated from enforcement and regulatory work, changes that ...
A new report ascribes a cost to the "annoyance economy": All that we pay in lost time and money for the hassles of life as an ...
The bureau is funded as a percentage of the Federal Reserve’s operating expenses and the recently signed into law One Big Beautiful Bill Act lowered the cap for CFPB from 12% of those expenses to 6.5% ...