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Consumer Financial Protection Bureau
Black Wealth Still Plummeting, CRL Tells Lawmakers
August 31, 2018
For years, and particularly in recent months, major news outlets have heralded the nation’s robust economic recovery. From rising corporate profits, to lower unemployment, or rising stock prices on Wall Street, many consumers might conclude that financial stability not only returned after the Great Recession but continues to climb. ... read more »
DeVos coddles companies while abandoning student loan borrowers
March 2, 2018
DeVos coddles companies while abandoning student loan borrowers ... read more »
Consumer Protection Payday Rule at Risk, Just Like Student Loan Protections
January 19, 2018
An important consumer protection rule that was to take effect January 16 is now being “reconsidered” by the same agency that was to enforce it – ... read more »
Rep. Maxine Waters Seeks to Protect Consumers with “Megabank” Bill
October 12, 2017
In an effort to rein in financial institutions that have track records for harming consumers, Rep. Maxine Waters (D-Calif.) recently unveiled The Megabank Accountability and Consequences Act (H.R. 3937). ... read more »
Nation’s largest student loan servicer charged borrowers too much, says CFPB
March 2, 2017
A CFPB investigation of Navient, the nation’s largest student loan servicer of both private and federal student loans, found that borrowers were not accessing a federal student loan repayment option ... read more »
Bill seeks financial justice for defrauded Wells Fargo victims
December 8, 2016
Defrauded consumers do not deserved to be financially victimized a second time ... read more »
What will you lose if consumer financial protection goes away?
November 28, 2016
In the coming months we must remain watchful for legislation and executive actions that would reverse the financial justice accomplished over the past five years ... read more »
Congressional Black Caucus Members join House colleagues in call for strong payday rule
October 13, 2016
This strong Congressional appeal continues the calls for fair lending that has included clergy, consumer advocates, civil rights organizations and others ... read more »
Consumers want action on illegal debt collection and CFPB agrees
August 3, 2016
A recent national consumer poll that was jointly commissioned by CRL and Americans for Financial Reform found broad and bipartisan concerns regarding debt collectors that sue without evidence ... read more »
More, not less, financial regulation needed say voters
July 21, 2016
Financial accountability and tough regulations are still needed, say 3 out of 4 likely voters. These two top line findings from a recent poll measured consumer satisfaction with Wall Street banks as well as a range of other financial services and providers including credit cards, debt collectors, payday loans and mortgages. The poll, jointly commissioned by the Center for Responsible Lending (CRL) and Americans for Financial Reform (AFR), reveals that these preferences are shared across partisan affiliations. ... read more »
Vets and military families more at risk for debt collection and mortgage issues
April 7, 2016
Debt collection continues to dominate CFPB complaints ... read more »
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