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Consumer Financial Protection Bureau

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.

New Name for Payday Won't Fix It

Ellen Schloemer | Posted 10.29.2012 | Money
Ellen Schloemer

Payday lenders know their name is mud. That's why they've started calling themselves "nonbank lenders" -- nixing any mention of "payday," in hopes a name change will help shed their loan-shark image.

Let's Settle This Little Bank Mess Discreetly, Please

The Huffington Post | Jillian Berman | Posted 08.10.2012 | Business

Thing One: Let's Settle This In Private: British officials are hoping they can convince Washington regulators to settle this whole U.K.-bank-launderin...

Ben Hallman

Banks Continue Mortgage Abuses, So U.S. Proposes New Rules

HuffingtonPost.com | Ben Hallman | Posted 08.10.2012 | Business

NEW YORK -- In the latest effort by a federal regulator to force the mortgage industry to stop treating desperate homeowners like vagrants looking for...

Ohio Couple Says Debt Collectors Called Them 14 Times A Day

The Huffington Post | Alexander Eichler | Posted 08.08.2012 | Business

The Fair Debt Collection Practices Act says that if a collection company is trying to get you to settle a debt, they can only call you between 8 a.m. ...

Higher Education, Student Loans: Victors and Victims

Ed Crego, George Muñoz and Frank Islam | Posted 10.07.2012 | College
Ed Crego, George Muñoz and Frank Islam

By producing a comprehensive plan for the reform of higher education in a manner that treats students as customers, the Attainment Commission can put them on the road to being victors rather than victims.

Who's Grabbing Your Wallet? A Missed Chance to Help Consumers

Preeti Vissa | Posted 07.26.2012 | Business
Preeti Vissa

It's bad enough that the joining of Capital One and ING created yet another too-big-to-fail bank; that it created a too-big-to-fail bank with a record of abusing and exploiting customers struck us -- and many other consumer advocates -- as beyond the pale.

5 Ways to Become a Credit Adult

Adam Levin | Posted 09.25.2012 | Money
Adam Levin

As we are demanding the business become more accountable to the American people, it is now our turn to demand greater accountability of ourselves.

Consumer Bureau Bashed As Job Killer

The Huffington Post | Catherine New | Posted 07.25.2012 | Business

Job killer. That's the label one libertarian analyst of the banking industry slapped on the year-old Consumer Financial Protection Bureau at a congres...

Student Debt Puts The Recovery On Hold, Government Says

The Huffington Post | Bonnie Kavoussi | Posted 07.25.2012 | Money

A top regulator is once again sounding the alarm on student debt, warning that the ballooning market is putting the economic recovery on hold. "Pol...

Tricks, Traps, and Accountability

Sen. Elizabeth Warren | Posted 09.22.2012 | Politics
Sen. Elizabeth Warren

A working market needs rules, and the Consumer Financial Protection Bureau is starting to level the playing field. That's a good thing for consumers -- and it didn't come a moment too soon.

Happy Birthday!

The Huffington Post | Bonnie Kavoussi | Posted 07.20.2012 | Money

The Consumer Financial Protection Bureau will have its first birthday on Saturday, but we're only cautiously celebrating. The watchdog agency's long-t...