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All posts tagged "Consumer Financial Protection Bureau (CFPB)"

Activism3 years ago

California Attorney General Joins Coalition Pushing Back on “Pay to Pay” Mortgage Fees

“Some financial service providers charge fees if a consumer decides to use a certain type of payment method, such as making a payment over the telephone,...
#NNPA BlackPress3 years ago

Vice President Kamala Harris to Announce Reforms to Ease the Burden of Medical Debt

NNPA NEWSWIRE — The White House said this should help provide more families the opportunities to thrive. “Together, these actions will help hold medical providers and...
#NNPA BlackPress4 years ago

Consumer Financial Protection Bureau Gives a Green Light to Predatory Payday Lenders

NNPA NEWSWIRE — “There is never a good time to enable predatory loans carrying 400% interest rates,” noted Mike Calhoun, President of the Center for Responsible...
#NNPA BlackPress5 years ago

COVID-19 financial warning: Consumers and banks should stay away from payday loans

NNPA NEWSWIRE — Zeroing in on the economic impacts of the crisis, people everywhere are struggling with competing needs in their lives. When living costs exceed...
#NNPA BlackPress5 years ago

Poll of likely voters shows rising student debt problems:

NNPA NEWSWIRE — “[T]he Department of Education seems to be making it easier for for-profit colleges and servicers to take advantage of students,” said Debbie Goldstein,...
#NNPA BlackPress5 years ago

COMMENTARY: Debt collectors target consumers of color, people making less than $50K

NNPA NEWSWIRE — Under the Trump Administration, a consistent and focused deregulation effort has been underway to turn CFPB into a toothless tiger. It’s almost as...
#NNPA BlackPress5 years ago

Committee Democrats Work to Reform Broken Credit Reporting System

NNPA NEWSWIRE — WASHINGTON – Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, convened a full Committee markup that will include bills introduced...
#NNPA BlackPress5 years ago

CFPB turns its back on fair lending enforcement and reporting

NNPA NEWSWIRE — More than 50 years ago, this nation enacted legal guarantees that fair housing would be available to all Americans. Despite this federal assurance,...
#NNPA BlackPress6 years ago

COMMENTARY: Capitol Hill hearing takes up the war between the needy and the greedy

NNPA NEWSWIRE — “Any universe with payday lending is answering the question of how to make poverty a sustainable profitable enterprise,” noted Boston’s Rep. Ayanna Pressley...
#NNPA BlackPress6 years ago

COMMENTARY: CFPB Denies Duty to Enforce Military Lending Act

NNPA NEWSWIRE — Despite this abundance of complaints and warranted enforcement, CFPB’s first Trump-appointed leader, Mick Mulvaney as Acting CFPB Director, turned an about face on...
#NNPA BlackPress6 years ago

COMMENTARY: Education Department helps loan servicers instead of borrowers

NNPA NEWSWIRE — ...a newly-released audit report finds fault with how the Department of Education (Department) is managing both its loan funds and its 15 contract...

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