Lenders Challenge Premise of CFPB’s Student Loan Findings

WASHINGTON — To hear the Consumer Financial Protection Bureau tell it, the private student loan market is a mess, filled with angry borrowers many of whom claim to have been taken advantage of by banks and servicers. Collection & Credit Risk

By |2014-10-17T17:58:42-05:00October 17th, 2014|FDCPA|Comments Off on Lenders Challenge Premise of CFPB’s Student Loan Findings

CFPB’s Plan to Oversee Auto Lenders Will Have Far-Reaching Impact

WASHINGTON — The Consumer Financial Protection Bureau has taken a sweeping approach in using its authority to propose supervision of the largest nonbank auto lenders, unveiling a plan that would effectively cover 90% of the market. Collection & Credit Risk

By |2014-09-19T07:40:30-05:00September 19th, 2014|FDCPA|Comments Off on CFPB’s Plan to Oversee Auto Lenders Will Have Far-Reaching Impact

The Hidden Messages in the CFPB’s Complaint Database

WASHINGTON -- An in-depth look by the Consumer Financial Protection Bureau into its consumer complaint database has yielded some surprising insights, including a relative lack of grievances against payday lenders and that most consumers appear satisfied by companies' response. Collections - Other Consumer

By |2017-05-20T11:45:29-05:00July 30th, 2014|FCRA|Comments Off on The Hidden Messages in the CFPB’s Complaint Database

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