Economically insecure communities and communities away from colour are extremely injured
Most recent Pr announcements
- More than 100 Consumer, Work and you can Civil-rights Teams Ask CFPB to do so to the Financial Swindle and you may Pressed Arbitration
- User Advocates Urge CFPB to protect People Away from “Junk Costs”
- Communities Craving CFPB to ease “Pick Today Shell out Later on” Items like Handmade cards and you will Manage Users regarding Hazardous Methods
Newest Testimony and you may Comments
- Over 90 Organizations Urge CFPB to Material a guideline Prohibiting Scientific Costs away from Looking for the Credit history
- Over 100 Consumer, Labor and Civil rights Groups Call on CFPB to do so towards the Banking Fraud and you will Pressed Arbitration
- Endorse Urges Senate Financial Panel to do this towards The latest Financial Points to safeguard Users
Requisite Applies to Pay-day and you will Auto Term Loans; CFA Urges CFPB, Congress, and you will Claims to get rid of the work
Washington, D.C.-Today, the consumer Financial Security Agency (CFPB) took step one toward finish your debt pitfall of the finalizing new individual defenses to own smaller-title loans where users need certainly to pay back all the otherwise most of the personal debt at once also pay-day and you can car term loans, and you will prolonged-term funds which have balloon costs. (more…)