Chester County News and Community Website
The Federal Trade Commission (FTC) recently submitted its annual summary of consumer protection activities in the debt collection sector to the Consumer Financial Protection Bureau (CFPB). The CFPB will use …
FTC Provides CFPB with Annual Summary of Debt Collection Activities Read More
The Consumer Financial Protection Bureau (CFPB) recently issued a report shedding light on the difficulties American families experience when confronted with medical debt collection. The CFPB received thousands of consumer …
CFPB Highlights Issues with Medical Debt Collection, Pledges Enforcement and Education Read More
The Consumer Financial Protection Bureau (CFPB) has slapped online lender Enova International Inc. with a hefty $15 million fine for its consistent illegal conduct, including unauthorized withdrawals from customers’ bank …
CFPB Fines Enova International $15 Million for Violating Consumer Protection Laws Read More
The Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) recently announced the updated dollar thresholds that will determine the applicability of certain requirements under Regulation Z (Truth in …
Federal Reserve and CFPB Announce Increased Dollar Thresholds for 2024 Regulations Z and M Read More
The Consumer Financial Protection Bureau (CFPB), the Federal Reserve Board, and the Office of the Comptroller of the Currency (OCC) have jointly announced an increase in the 2024 threshold for …
Federal Agencies Announce Increase in 2024 Threshold for Higher-Priced Mortgage Loans Read More
The Consumer Financial Protection Bureau (CFPB) is proposing a rule to supervise larger nonbank companies that offer services like digital wallets and payment apps. The proposal, announced last week, aims …
CFPB Proposes Supervision of Large Nonbank Digital Wallet and Payment App Companies Read More
The Director of the Consumer Financial Protection Bureau (CFPB), Rohit Chopra, made a statement on Friday emphasizing the need for greater market discipline in the shadow banking sector. He highlighted …
CFPB Director Rohit Chopra Calls for Stricter Oversight of Shadow Banking Sector Read More
The Consumer Financial Protection Bureau (CFPB) recently published an analysis of the Community Reinvestment Act (CRA) laws in seven states and the District of Columbia. The report provides insights into …
CFPB Report Sheds Light on State Community Reinvestment Act Laws and their Impact on Local Financial Institutions Read More
Do you feel like you could be doing better financially? Are you not sure where to start when it comes to improving your financial well-being? If so, don’t worry – …
Improve Your Financial Well-Being With These Tips Read More