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In 2016 alone most of the hundreds and thousands of consumer complaints about their financial services—including banks and credit card issuers—were received and compiled by CFPB and are publicly available on a federal government database.
The Consumer Financial Protection Bureau (CFPB) experienced a significant security breach when a former employee transferred confidential information on approximately 256,000 consumers and forty-five financial institutions to their personal email account.
With financial fees in the spotlight, the ConsumerAffairs Research Team analyzed three years of Consumer Financial Protection Bureau (CFPB) complaints to detail the worst fees, the most...
The Equifax data breach occurred between May and July 2017 at the American credit bureau Equifax. Private records of 147.9 million Americans along with 15.2 million British citizens and about 19,000 Canadian citizens were compromised in the breach, making it one of the largest cybercrimes related to identity theft.
On March 5, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule capping credit card late payment fees at $8 for the biggest card issuers after inviting public comment on the...
Sen. Elizabeth Warren (D-Mass.) celebrated the Supreme Court’s Thursday decision to reject a GOP challenge to the Consumer Financial Protection Bureau’s (CFPB) funding structure. “The United ...
Creation of NCRB (Notification) Website. ncrb.gov.in. National Crime Records Bureau ( NCRB) is an Indian government agency responsible for collecting and analyzing, crime data as defined by the Indian Penal Code (IPC) and Special and Local Laws (SLL). NCRB is headquartered in New Delhi and is part of the Ministry of Home Affairs (MHA) under the ...
The Fair Credit Reporting Act ( FCRA ), 15 U.S.C. § 1681 et seq., is federal legislation enacted to promote the accuracy, fairness, and privacy of consumer information contained in the files of consumer reporting agencies. It was intended to shield consumers from the willful and/or negligent inclusion of erroneous data in their credit reports.
The court in a 7-2 vote ruled that the funding structure of the Consumer Financial Protection Bureau (CFPB), which allows the agency to be funded directly by the Federal Reserve, ...
Consumer Financial Protection Bureau (CFPB) The Consumer Financial Protection Bureau is an independent regulatory agency within the United States Federal Reserve. The CFPB promotes fair practice by regulating consumer interactions with financial institutions. It has complete authority over institutions that do not hold consumer deposits.