America October 12, 2023
TransUnion to Pay $23M : to Settle Failures in Tenant Screening and Credit Reporting
In a dramatic twist of events, TransUnion, the Illinois-based credit reporting behemoth, has agreed to a monumental $23 million settlement…
Business May 23, 2022
CFPB, NY Attorney General Shut Down Predatory Debt Collectors
The Consumer Financial Protection Bureau (CFPB) together with the New York Attorney General shut down a network of predatory debt…
Business May 4, 2022
Bank of America to Pay $10 Million Fine for Processing Illegal Garnishments
The Consumer Financial Protection Bureau (CFPB) ordered Bank of America (NYSE: BAC) to pay a civil penalty of $10 million…
Business April 2, 2022
Edfinancial to pay $1 million fine for deceiving student loan borrowers over Public Service Loan Forgiveness (PSLF)
The Consumer Financial Protection Bureau (CFPB) imposed a $1 million civil money penalty against Edfinancial Services for deceiving student loan…
California News September 16, 2020
ITT Tech agrees to forgive student loans worth around $330M to settle CFPB complaint
ITT Technical Institute (ITT Tech), the now-defunct predatory for-profit college, and PEAKS, its holding company, reached a settlement agreement with…
Business August 21, 2020
TD Bank to pay $122M to settle CFPB complaint over its alleged illegal overdraft practices
TD Bank agreed to pay a total of $122 million to settle a complaint by the Consumer Financial Protection Bureau…
Financial Investigations January 23, 2020
State AGs Defending CFPB to Ensure Consumer Protections against Abusive and Deceptive Practices
A coalition of 24 State Attorneys General (AGs) filed an amicus brief in support of the Consumer Financial Protection Bureau…
Investigates November 28, 2017
Xerox Fined $1.1 Million by CFPB for Incorrectly Reporting to Credit Agencies
Xerox Business Services was fined $1.1 million by CFPB due to a fault in a third-party software that it provided…
America November 27, 2017
Chaos Reigns at the Consumer Financial Protection Bureau
Thanksgiving has come and gone. When federal workers the Consumer Financial Protection Bureau (CFPB) showed up for work this morning,…
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