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CFPB to distribute over $8 million to consumers harmed by All American Check Cashing, Inc.

2024-07-30
On: July 30, 2024
In: Uncategorized

The CFPB took action against the check cashing and payday loan company All American and its owner, Michael Gray, for failing to disclose the cost of cashing a check, using deceptive tactics to prevent consumers from canceling or refunding a transaction, and making deceptive statements about the benefits of itsContinue Reading

CFPB Distribuirá más de $8 Millones a Consumidores Perjudicados por All American Check Cashing, Inc.

2024-07-30
On: July 30, 2024
In: Uncategorized

La CFPB actuó contra la compañía All American y contra su dueño, Michel Gray, por no divulgar el costo de cobrar un cheque, usar tácticas engañosas para evitar que consumidores cancelaran o pidieran reembolso de transacciones y mentir acerca de los beneficios de los costosos préstamos del día de pago.

CFPB distribuye más de $53 millones a consumidores afectados por BrightSpeed Solutions

2024-07-23
On: July 23, 2024
In: Uncategorized

Consumidores afectados por BrightSpeed Solutions y su fundador Kevin Howard, recibirán reembolsos por correo. La compañía facilitó el engaño a consumidores.

CFPB to distribute more than $53 million to consumers harmed by BrightSpeed Solutions

2024-07-23
On: July 23, 2024
In: Uncategorized

In July, 122,507 consumers harmed by BrightSpeed Solutions and its founder, Kevin Howard, will begin receiving refund checks in the mail. CFPB sued the privately-owned, third-party payment processor for knowingly facilitating payments for companies that tricked consumers into expensive and unnecessary antivirus software or services.

Cómo recuperarse financieramente del Huracán Beryl

2024-07-16
On: July 16, 2024
In: Uncategorized

Le mostramos consejos para que recupere y reconstruya sus finanzas luego del paso del huracán Beryl, además de pasos que puede tomar con antelación para prepararse para una posible emergencia.

How to recover financially after Hurricane Beryl

2024-07-15
On: July 15, 2024
In: Uncategorized

Here are tips to recover and rebuild financially in the aftermath of Hurricane Beryl, as well as steps you can take to prepare in advance for a potential emergency.

The CFPB is working to reinforce the foundation of a fair, nondiscriminatory and competitive mortgage market

2024-06-28
On: June 28, 2024
In: Uncategorized

CFPB’s HMDA enforcement cases and research focus on ensuring financial institutions comply with HMDA and Regulation C’s requirement to report complete and accurate mortgage lending information.

The CFPB’s 2023 fair lending annual report to congress

2024-06-26
On: June 26, 2024
In: Uncategorized

The CFPB releases its Fair Lending Annual Report to Congress, describing its fair lending activities in enforcement and supervision; guidance and rulemaking; interagency coordination; and outreach and education for calendar year 2023.

CFPB Approves Rule to Ensure Accuracy and Accountability in the Use of AI and Algorithms in Home Appraisals

2024-06-24
On: June 24, 2024
In: Uncategorized

The CFPB approved a rule to address the current and future applications of complex algorithms and artificial intelligence used to estimate home values.

Ensuring consumers aren’t pushed into medical payment products

2024-06-18
On: June 18, 2024
In: Uncategorized

The CFPB is examining how financial institutions market their products to healthcare providers.

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