The head of a federal agency for consumers has packed up his office. But will Trump fire him?
The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, ...
Medical Debt, Overdraft Fee Rules Could Be Delayed by Trump Order
Key Takeaways President Donald Trump's regulatory freeze could affect some of the CFPB's recent actions.In the days before ...
JD Supra14h
CFPB’s Recent Rule Eliminates Medical Debt from Credit Reports
On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) published a final Rule (the “Rule”) that prohibits consumer reporting ...
National Mortgage News1h
Closing-cost shopping: when to do it and why it's limited
it's important to look at the process involved in shopping for closing costs, the limits to lowering them and whether do so ...
How your credit score could jump by as much as 20 points without you having to do anything
The CFPB estimates credit scores could jump by up to 20 points when medical debt disappears from reports. That impact can be ...
Truckinginfo15h
Truck Leasing Task Force: Congress Should Ban Lease-Purchase Programs
In a damning report, the Truck Leasing Task Force assembled by the Federal Motor Carrier Safety Administration recommended ...
Feds order Atlanta-based Equifax to pay $15M for improper investigations of credit report errors
The U.S. Consumer Financial Protection Bureau ordered Equifax to pay $15 million after it “failed to conduct adequate ...
FTAdviser4h
How advisers can save clients from financial stress in 2025
Budgeting and emergency funds: Advisers can empower clients by helping them track their spending, allocate funds for essentials, and build emergency savings. Financial stability starts with ...
'It's not my debt': Major debt collector filed thousands of lawsuits in Arizona, report says, even as it was being punished for consumer violations
One of the nation’s largest debt collectors launched tens of thousands of lawsuits in Arizona since 2022, according to 12 ...
World Finance4h
Pandemics and economics: The price of being unprepared
The Covid-19 outbreak in 2020 was on a scale not seen since the Spanish flu pandemic in 1918 and laid bare our lack of ...
The Mining Journal7h
Congress passes immigrant detention bill, sending Trump the first law he can sign
Donald Trump is remaking the traditional boundaries of Washington, unleashing unprecedented executive orders and daring anyone to stop him. Here’s the latest: Lawsuits challenging President Donald ...
On Your Side: Federal Trade Commission to refund $5 Million to customers of debit relief
The Federal Trade Commission filed a lawsuit against ACRO Services in November of 2022 and from that lawsuit the FTC will be ...