CFPB Sues Pawn Lenders for MLA Violations
CFPB Sues Pawn Lenders for MLA Violations Earlier this month, the Consumer Financial Protection Bureau (CFPB) sued FirstCash, Inc. and Cash America West, Inc., two pawn lenders that the Bureau alleges violated the Military Lending Act (MLA) by charging active-duty...
House Financial Services Committee Passes Six Bills
House Financial Services Committee Passes Six Bills During a markup last week, the House Financial Services Committee (HSFC) passed six bills which the committee says will protect investors, reform credit union governance, and ensure fair employment opportunities for...
Democratic Senators Push CFPB to Reform Credit Reporting
Democratic Senators Push CFPB to Reform Credit Reporting Last week, in a letter sent to CFPB Director Rohit Chopra, seven Democratic Senators urged the Consumer Financial Protection Bureau (CFPB) to take steps toward reforming the credit reporting industry....
