Search results
Results From The WOW.Com Content Network
The Consumer Financial Protection Bureau (CFPB) is an independent agency of the United States government responsible for consumer protection in the financial sector.CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors, for-profit colleges, and other financial companies operating in the ...
December 28, 1974 (age 49) Pittsburgh, Pennsylvania U.S. Political party. Republican. Education. Marquette University ( BS) Georgetown University ( JD) Kathleen Laura Kraninger (born December 28, 1974) is an American government official who served as director of the Consumer Financial Protection Bureau (CFPB) from December 11, 2018, until her ...
The CFPB was created after the financial crisis of 2007–2008 as part of the Dodd–Frank Wall Street Reform and Consumer Protection Act.While initially aimed to protect consumers from bad mortgage lenders that had partially created the financial crisis, the CFPB has also involved itself in other areas at high risk of fraudulent activity that harm consumers, such as credit cards, credit ...
Receiving a call, email or letter from a company purporting to be a debt collector can spark alarm. Before disclosing any information, look for these eight signs of a fake debt collection scam. 1 ...
The federal government passes financial regulations to protect consumers from unfair practices. The Consumer Financial Protection Bureau (CFPB) exists to make sure that banks, lenders and other ...
The Supreme Court on Thursday rejected a conservative-led attack that could have undermined the Consumer Financial Protection Bureau. The justices ruled 7-2 that the way the CFPB is funded does ...
The Consumer Financial Protection Bureau is an independent regulatory agency within the United States Federal Reserve. [12] The CFPB promotes fair practice by regulating consumer interactions with financial institutions. It has complete authority over institutions that do not hold consumer deposits. [12]
Hannah Lang. May 22, 2024 at 12:46 PM. By Hannah Lang. (Reuters) -The U.S. Consumer Financial Protection Bureau will apply some credit card consumer protection rules to buy now, pay later (BNPL ...