CFPB

A potential rule change by the Trump administration could limit the Consumer Financial Protection Bureau’s supervision of auto lenders, including many that focus on buyers with low credit scores.

The Consumer Financial Protection Bureau, which regulates financial products on behalf of the public, has returned billions of dollars to consumers.

The banking sector has been moving away from charging overdraft fees for a few years now. CFPB scrutiny, along with the broader economy, has made it easier for banks to forgo that overdraft fee income.

The Consumer Financial Protection Bureau announced new rules today requiring companies like Afterpay and Klarna to investigate when customers dispute a charge, and issue refunds for returned products. They’ll also have to provide periodic billing statements.

The Consumer Financial Protection Bureau (CFPB) has released a new bulletin of consumer complaints about crypto.

The CFPB says delinquencies and late fees add up and recommends tighter regulation of loans in line with the credit card industry.

The Consumer Financial Protection Bureau will reportedly push banks to reimburse customers who lose their money through scams on apps like Paypal, Venmo and Zelle.

Credit card companies can change their fees based on inflation.

But homeowners are in a better position to avoid foreclosure than they were in the last crisis.

Under President Trump, the Consumer Financial Protection Bureau relaxed rules on payday lending and debt collection.