MiBolsilloColombia on MSN
That '4 easy payments' offer is a debt trap in disguise. Here's the proof
Buy Now, Pay Later services like Klarna and Afterpay are popular, but they come with hidden risks like late fees and ...
American Banker
CFPB to refund $46 million to Synapse victims
The Consumer Financial Protection Bureau has said it will give victims of Synapse Financial Technologies' collapse $46 million from the CFPB's Civil Penalty Fund, a pool of money gathered from fines ...
Law
'Nonexistent' CFPB Gives Way to Surge in State Enforcement, Lawyers Say
“The CFPB is a regulatory mess,” said Clark Hill member Joann Needleman. States aggressively sought to fill the void in consumer protection this year after the Trump administration dismantled the ...
American Banker
CFPB: Earned wage access is not credit
The Consumer Financial Protection Bureau weighed in again as to whether earned wage access should be considered credit under the Truth in Lending Act in a new advisory opinion Monday, and formally ...
CBS News
Judge blocks White House from defunding CFPB as agency was about to run out of funds
The White House may not stop funding the Consumer Financial Protection Bureau, a federal judge ruled Tuesday, days before funds at the bureau were likely to run out and the consumer finance agency ...
HR Dive
CFPB shifts on EWA policy, again
In the opinion, the bureau articulated several features of a “covered EWA” product that’s not a loan. The amount involved must not exceed a worker’s wages; a provider must use payroll deduction ...
KGW8
Oregon leads lawsuit against Trump administration's starving of consumer protection office
SALEM, Ore. — The state of Oregon is leading a new multi-state lawsuit against the Trump administration, Attorney General Dan Rayfield's office announced Monday, this time arguing that officials are ...
ABC News
Judge blocks White House's attempt to defund the CFPB, ensuring employees get paid
A federal judge has ruled that the White House cannot stop funding the Consumer Financial Protection Bureau NEW YORK -- The White House cannot lapse in its funding of the Consumer Financial Protection ...
OPB
Oregon and 20 more Democratic-led states sue White House over consumer protection bureau funding
A coalition of 21 attorneys general from Oregon and Democratic-led states sued the Consumer Financial Protection Bureau and its director, Russell Vought, on Monday, asserting that the White House’s ...
KOIN 6
Oregon AG leads multistate lawsuit to prevent defunding of consumer watchdog
PORTLAND, Ore. (KOIN) — A coalition of Democratic states are suing to stop the Trump administration from defunding the country’s only consumer watchdog. Led by Oregon Attorney General Dan Rayfield, 20 ...
JD Supra
State AGs File Suit To Force CFPB To Request Funding From The Federal Reserve
Charging that Acting CFPB Director Russell Vought has been attempting to close down the CFPB by any means necessary, Democratic Attorneys Generals (AGs) from 21 states and the District of Columbia ...
Wall Street Journal
Democratic Attorneys General Sue Russell Vought Over CFPB Funding
A coalition of Democratic state attorneys general sued Monday to stop the Trump administration’s latest efforts to dismantle the Consumer Financial Protection Bureau. The CFPB, created after the 2008 ...