Consumer Financial Protection Bureau

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Broker offering high interest credit to veterans settles consumer board charges for $1

By Marian Johns | Feb 25, 2019

WASHINGTON, D.C. — A broker of pension assignments who allegedly violated the Consumer Financial Protection Act by offering high-interest credit to veterans, has settled with the federal government for $1, according to the Consumer Financial Protection Bureau.

21-state coalition asks consumer board to abandon recent rule changes for regulatory, licensing

By Marian Johns | Feb 25, 2019

ALBANY — A 21-state coalition of attorneys general is asking the federal government to abandon recent proposals that the coalition argues would give financial services companies immunity from certain regulatory and licensing requirements.

Payday lender accused of making harassing calls to borrowers' references settles with government

By Marian Johns | Feb 25, 2019

WASHINGTON (Legal Newsline) — A payday retail lender operating in several states has settled charges by the federal government of failing to prevent overcharges, making harassing collection calls to borrowers' references and falsely advertising services that the company did not really offer.

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