FTC and Ohio Join Forces to Protect Consumers

FTC and Ohio Join Forces to Protect Consumers

← Previous Article Next Article → A federal court in Texas recently shutdown a “rogue payment processor” and a “credit card interest reduction scheme” that allegedly took millions of dollars from consumers illegally, according to the Federal Trade Commission...
CFPB Proposes Settlement with Debt Collectors

CFPB Proposes Settlement with Debt Collectors

← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) along with the New York Attorney General (AG) proposed settlements with several debt collectors that were allegedly in violation of the Consumer Financial Protection Act, the...
Small-Dollar Rule Compliance Guide

Small-Dollar Rule Compliance Guide

← Previous Article Next Article → The payment provisions of the Consumer Financial Protection Bureaus’ (CFPB) small-dollar rule (the Rule), also known as the payday rule, is set to go into effect on August 19, 2019. Last month, the CFPB updated its Small...
CFPB Reviewing its Examination Process?

CFPB Reviewing its Examination Process?

← Previous Article Next Article → Kathy Kraninger, Director of the Consumer Financial Protection Bureau, recently said that the federal agency is reviewing its examination process, especially how it works in conjunction with other federal regulators. “We are...
Kraninger Tackles Elder Abuse

Kraninger Tackles Elder Abuse

← Previous Article Next Article → On July 17, the Consumer Financial Protection Bureau (CFPB) updated a 2016 Advisory and Recommendations report that guides financial institutions on how to best respond to elder abuse. The new Advisory includes an updated...
New Government Data on Credit Cards

New Government Data on Credit Cards

← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) released a data report on credit cards on July 2. The report found that most Americans use credit cards as a means to borrow money, and many sustain debt on those cards...

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