Tag Archives: CFPB


Debt Collection Practices a Top Complaint for Older Americans

Seniors are fed up with debt collectors

Older Americans voiced more complaints about debt collection than any other financial product or service.

By Sheiresa Ngo

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Image: ThinkStock

CFPB Study: Many Owners of Manufactured Homes Have Pricey Loans

Convenience will cost you

Owners of manufactured homes tend to be older, live in rural neighborhoods, and have a…

By Sheiresa Ngo

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(Image: ThinkStock)

CFPB Launches Initiative to Provide Financial Education to Low-Income Consumers

CFPB enlists partners to train social services staff

Consumers with low-to-moderate income face unique stressors.

By Sheiresa Ngo

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mobile payments

CFPB Assesses How Mobile Banking Impacts Low-Income Consumers

The Consumer Financial Protection Bureau is investigating the benefits and challenges of mobile financial services.…

By Sheiresa Ngo

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CFPB Reports on Payday Lenders and Debt Collectors

Report shines light on deceptive practices

The Consumer Financial Protection Bureau is responsible for overseeing depository institutions and credit unions with…

By Sheiresa Ngo

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John Hope Bryant Talks about New Book and CFPB Partnership

Operation HOPE partners with CFPB

In part three of this series, Black Enterprise speaks with John Hope Bryant to learn…

By Sheiresa Ngo

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0602_hospital bill

Consumers Over-Penalized for Medical Debt in Collections

Scores may misrepresent creditworthiness by 10 points

If you have medical debt in collections, you might be facing harsher penalties. The Consumer…

By Sheiresa Ngo

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The CFPB Proposes E-Closing Pilot Program

New program tries to take the stress out of closing

The CFPB report is part of its “Know Before You Owe” mortgage initiative

By Sheiresa Ngo

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A Crash Course on the CFPB and Why it Matters to all Future Homeowners

It's going to be harder to get a loan, but it's for the greater good

Beginning in January, servicers will also have to notify borrowers of foreclosure alternatives after the…

By Ashley R. Harris

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