Appraisal discrimination is illegal under federal law
The CFPB joins with other regulators in asking The Appraisal Foundation to clearly instruct appraisers about the federal law forbidding appraisal discrimination.
New VA rule relieves financial distress for thousands of veterans with medical bills
Getting sick or injured can often result in a heavy financial burden for many families, leaving them with mounting medical bills as well as aggressive debt collection and coercive credit reporting that can make matters worse. A new VA rule sets a clear precedent for reducing the financial distress ofContinue Reading
No Surprises Act: How we are protecting people from the side effects of surprise medical bills
The No Surprises Act puts guardrails in place to prevent certain unexpectedly high medical bills. Plus, people have protections from unwanted side effects of surprise medical bills: unlawful debt collection and credit reporting.
The hidden cost of junk fees
Households across the U.S. have been feeling the cost of higher prices. As individuals and families adjust to the pinch on pocketbooks there are some fees they just can’t seem to escape – junk fees. The CFPB wants to hear from you on how junk fees have impacted your everydayContinue Reading
Know your data: Our updated list of reporting companies
Your consumer reporting files affect your ability to get a loan, a job, an apartment, and other essentials of life. But, do you know where and how to request your consumer reports and what you can do once you order them? Find out in our list of consumer reporting companies!
Don’t let sloppy servicing keep you from benefitting under the PSLF Fix before it expires on October 31, 2022
The PSLF Limited Waiver provides important new benefits to workers in public service until October 31, 2022. Servicers are responsible for helping to navigate the process.
Americans pay $120 billion in credit card interest and fees each year
From 2018 to 2020, the CFPB estimates that Americans paid roughly $120 billion per year in credit card interest and fees. That works out to about $1,000 per year for every American household.
CFPB Releases Report on Diversity and Inclusion within Financial Services
Release of report outlining diversity and inclusion based on public facing data and information reported to the Bureau.
It’s illegal to penalize borrowers for being religious
We’re concerned that some financial companies are unlawfully considering religion when making decisions on financial products. If you think you have been discriminated against, submit a complaint to us.
Our public inquiry on buy now, pay later
Several weeks ago, we issued a market-monitoring inquiry into “buy now, pay later” (BNPL) products and business practices. Now we are inviting anyone interested in this market to submit comments — including families, small businesses, and international regulators.