Consumer Financial Protection Bureau

Consumer Financial Protection Bureau Orders Toyota Motor Credit to Pay $60 Million in Redress and Penalties

The Consumer Financial Protection Bureau (CFPB) has delivered a significant ruling against Toyota Motor Credit Corporation for operating an illegal scheme that prevented borrowers from canceling product bundles, which led …

Consumer Financial Protection Bureau Orders Toyota Motor Credit to Pay $60 Million in Redress and Penalties Read More

loan

Protecting Equal Opportunities: CFPB and Justice Department Stand Against Discrimination in Credit Applications

The Consumer Financial Protection Bureau (CFPB) and Justice Department recently issued a joint statement that reminds financial institutions that all credit applicants are protected from discrimination on the basis of …

Protecting Equal Opportunities: CFPB and Justice Department Stand Against Discrimination in Credit Applications Read More
Consumer Financial Protection Bureau (CFPB)

CFPB Slams Leasing Company Tempoe with $36 Million Penalty for Deceptive Practices, Leaving Consumers in the Shadows

The Consumer Financial Protection Bureau (CFPB) recently took action against Tempoe, LLC for tricking consumers into expensive leasing agreements by concealing the contract terms and costs, and failing to provide …

CFPB Slams Leasing Company Tempoe with $36 Million Penalty for Deceptive Practices, Leaving Consumers in the Shadows Read More