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Consumer Financial Protection Bureau

Why Your Credit Score May Be Wrong

The Huffington Post | Caroline Fairchild | Posted 12.14.2012 | Money

If you have evidence proving there's a mistake on your credit report, good luck getting someone to see it. The Consumer Financial Protection Bureau...

This Woman Couldn't Believe What She Found On Her Credit Report

The Huffington Post | Posted 12.12.2012 | Money

One woman’s horror story is enough to make you check your credit report as often as you check your email. Heather Rose, a mother of three who liv...

There's a Chance Your Credit Report Is Wrong and the New Consumer Agency Is Hamstrung

Jane White | Posted 02.05.2013 | Business
Jane White

Why don't we have tougher laws that prohibit banks and credit card companies from fabricating negative credit scores so that they can charge higher interest rates and laugh all the way to the bank?

Changes to CFPB Guidelines on Remittances Keep Responsible Providers in the Game

Janis Bowdler | Posted 01.30.2013 | Business
Janis Bowdler

One of the first moves by the newly minted Consumer Financial Protection Bureau (CFPB) was to issue a rule implementing new protections for money sent to loved ones abroad, known as remittances.

Wall Street To Obama: Now That You've Won, Let's Be Friends Again

Reuters | Posted 01.06.2013 | Business

* Obama expected to name key financial regulatory heads * Bank lobbyists to focus on regulators as well as issues * Oppo...

Christina Wilkie

Wall Street Looking At A Blue Night

HuffingtonPost.com | Christina Wilkie | Posted 11.06.2012 | Business

Through much of the campaign, major Wall Street banks have nursed visions of a Republican majority capturing control of the Senate and then weakening ...

Oversight of Credit Agencies Long Overdue

Jimmy Dahroug | Posted 01.06.2013 | Money
Jimmy Dahroug

There is nothing wrong with credit agencies making a profit. They are private businesses. Yet without adequate oversight, these agencies have little incentive to ensure the accuracy of consumer credit reports.

It's Time to Make It Easier to Move Your Money

Pamela Banks | Posted 01.23.2014 | Money
Pamela Banks

Consumer frustration has only grown in the year since Bank Transfer Day as bank fees have continued to rise. It's time to make it easier for consumers to move their money so they have a real choice when it comes to where to bank.

Obama Warns GOP To Leave Financial Regulations Alone

AP | JULIE PACE | Posted 12.27.2012 | Politics

NASHUA, N.H. — President Barack Obama is seeking to win over voters in low-tax New Hampshire by criticizing Mitt Romney for raising taxes and fe...

Catherine New

Debt Collection Rules Fall Short For Consumers

HuffingtonPost.com | Catherine New | Posted 10.24.2012 | Money

For the first time, a single federal government agency will oversee the debt collection industry starting next year, marking a monumental victory for ...

Financially Empowering Stay-at-Home Partners

Richard Cordray | Posted 12.19.2012 | Money
Richard Cordray

We recently found that a significant number of otherwise credit-worthy people may have been denied access to credit cards because they did not have their own income independent of their spouse. We thought this issue deserved further consideration.

Military Members Face Student Debt Troubles

AP | LOLITA C. BALDOR | Posted 10.23.2012 | College

WASHINGTON -- Members of the military are having trouble grappling with the confusing patchwork of student loan benefits they can receive and often en...

Catherine New

Student Loan Servicing Complaints Are 'Early Warning'

HuffingtonPost.com | Catherine New | Posted 10.16.2012 | Money

The private student loan industry smells a lot like the subprime mortgage industry: Dead ends, runarounds and few live customer service representative...

Mitt Romney Misleads on Wall Street Reform in Presidential Debate

Rep. Maxine Waters | Posted 12.04.2012 | Business
Rep. Maxine Waters

Unfortunately, the Republican ticket continued its incoherence on financial reform with Romney's comments last night.

AmEx To Issue $85 Million In Refunds

AP | MARCY GORDON | Posted 12.01.2012 | Money

WASHINGTON -- American Express Co. is paying $112.5 million in refunds and fines to settle regulators' accusations that it charged unlawful late fees ...

Your Bank May Owe You Money

Preeti Vissa | Posted 11.27.2012 | Money
Preeti Vissa

If you are a homeowner facing foreclosure or who has been foreclosed upon, it may look like nothing has been done to help you.The good news is that many steps have been taken to bring help to people who need it. The bad news? They don't matter unless we take advantage of them!

Study: Credit Agencies Give Many Americans Misleading Scores

Reuters | Posted 09.25.2012 | Money

(Reuters) - The credit scores that consumers buy from credit reporting agencies sometimes differ from the scores lenders see when deciding the terms o...

Dodd-Frank Law Challenged By 3 States

Reuters | Posted 11.21.2012 | Business

* States join lawsuit filed by think tank, others in June * Measure on liquidation of financial firms in focus By Emily ...

Government Proposes Simplified Mortgage Disclosure Forms

Jason Alderman | Posted 11.21.2012 | Money
Jason Alderman

if you're considering buying a home, review the proposed forms to get an idea of which costs you should be watching out for. Here are some factors future homebuyers should keep in mind.

America's Path to Economic Slavery Under the Republicans

Sanjay Sanghoee | Posted 11.19.2012 | Politics
Sanjay Sanghoee

By systematically dismantling the public education system and clamping down on college aid, the GOP is ensuring that children from low and middle-income families are denied the opportunity to obtain the basic skills and training needed to land well-paying jobs in the future.

Private Student Loan Borrowers Aren't Using All Their Federal Aid

The Huffington Post | Tyler Kingkade | Posted 09.14.2012 | College

A majority of college students who took out private loans to attend school didn't use the low-cost federal aid options that were available to them. ...

Housing Crisis Remains a Backburner Issue at DNC

National Council of La Raza | Posted 11.10.2012 | Latino Voices
National Council of La Raza

And while Gov. Romney and President Obama lay out their cases for how they plan to guide this country through the economic crisis to recovery, they seem comfortable leaving families in the dark about how they plan to stem the bleeding in the housing market.

Collateral Damage: The Hidden Pain of a Bank Whistleblower

Jerry Ashton | Posted 11.04.2012 | Business
Jerry Ashton

Ever wonder what happens to the friends, fortune and family of a whistleblower? Taking it all in stride and landing a better-paying job? Vacationi...

Letter From Charlotte, NC: Fighting for America's Future

Rep. Mike Honda | Posted 11.01.2012 | Politics
Rep. Mike Honda

We are in a fight for the future of America. Anyone who watched the Republican National Convention speeches knows this. Anyone who has witnessed the ...

Obama or Romney: Which One Is Better for Debtors

Steve Rhode | Posted 10.29.2012 | Money
Steve Rhode

With the election coming up and the choice left to either Barack Obama or Mitt Romney, anyone concerned about their personal finances might want to look at the positions of the two candidates and factor that into their voting strategy.