Page 29 - Cfpb News Today

On March 15, the CFPB issued a Request for Information (RFI) about data broker business practices to inform planned rulemaking under the FCRA and provide...

In a few hours, Ill have the pleasure of hosting CFPB Director Rohit Chopra for a virtual talk at UCI Law (today at 12pm PDT, 3pm PDT). You can still join us by registering for the Zoom link here. Director...

The CFPB issued a press release and a Request for Information focused on whether the CFPB should promulgate additional rules implementing the Fair Credit Reporting Act. Many people don't understand the scope of data brokers’ business practices and the impact of those practices

In CFPB v. Law Offices of Crystal Moroney, the Court of Appeals for the Second Circuit ruled that the CFPB’s funding mechanism is constitutional. This splits from the Fifth Circuit’s ruling in CFPB v. Community Financial Services Association of America decision.

CFPB has issued the small business lending final rule to implement changes to the Equal Credit Opportunity Act made by Section 1071 of the Dodd-Frank Act to require financial institutions to compile data regarding certain business credit applications.

FTC and CFPB issued a joint request for information RFI seeking public comment on background checks used to screen potential tenants for rental housing. FTC and CFPB are asking current tenants, prospective tenants, advocacy groups, commercial and individual landlords.

On March 2, the CFPB published a report analyzing the financial profiles of consumers who borrow through buy now, pay later (BNPL) lending products. The report found that BNPL borrowers...

CFPB Request for Information about data broker business practices to inform planned rulemaking under FCRA and provide CFPB with insight into data broker industry. CFPB seeking information about new business models that sell consumer data and consumer harm and market abuses.

CFPB launched an inquiry into the practices of data brokers. They have an active Request For Information from the public, open until June 13, 2023, seeking comments on data brokers which will assist the CFPB and policymakers in understanding the current state of business practices.

The CFPB filed a complaint accusing GST Factoring, which runs a student-debt relief business, of "charging illegal advance fees" to pay off debt.