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CFPA

CFPB Orders National Bank to Pay $4.6 Million in Civil Penalties for Credit Reporting Practices

Banking  •  CFPA  •  CFPB  •  Credit Reporting  •  FCRA
On August 2, 2017, the Consumer Financial Protection Bureau (CFPB) announced that it had entered into a consent order with a national bank, resolving allegations as to the bank’s allegedly unlawful credit reporting activities. According to the CFPB, the bank violated several […]

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CFPB Files Complaints Against Credit Repair Companies for Charging Illegal Fees and Misleading Consumers

CFPA  •  CFPB  •  Credit Cards  •  Credit Reporting  •  Dodd-Frank
On June 27, 2017, the Consumer Financial Protection Bureau (CFPB) announced​ that it filed two complaints and proposed final judgments against four California-based credit repair companies for misleading consumers and charging illegal fees. The CFPB alleged that the […]

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