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Columbus libraries and others “astonish” Cordray with success of test financial-education program

USA - January 6 2015 Columbus Metropolitan Library is seeing "better-than-expected results" in a test program launched 18 months ago by the Consumer Financial Protection...

Sixteen state AGs ask CFPB to regulate mandatory arbitration clauses in consumer financial contracts

USA - January 5 2015 Attorneys General from sixteen states, including California, New York, Kentucky, and Maryland, have jointly sent a letter to Consumer Financial...

Sprint shared in tens of millions of dollars third parties illegally charged to customers, says CFPB

USA - January 2 2015 Sprint Corporation allowed third parties to cram its customers' bills with tens of millions of dollars in unauthorized charges, and received a share...

Freedom Stores, Inc.’s illegal debt collection and lawsuits targeted servicemembers

USA - December 31 2014 A Virginia-based furniture and electronics retailer with stores near military bases across the country illegally collected debt and filed suit against...

For new year, FDIC offers large banks resolution plan guidance

USA - December 30 2014 The Federal Deposit Insurance Corporation (FDIC) issued guidance for “large banks” insured depository institutions with assets greater than $50...