Term: Consumer Financial Protection Bureau
3 found

5 Ways to Get Things Off Your Credit Report

By Steven Shaw on 6/24/2014

off your credit report 

Negative information on your credit can be extremely frustrating. You know it’s not good, and you just want it to go away. Before you pull your hair out or spend thousands of dollars trying to repair your credit, you’ll want to understand the ways this kind of information can be removed from your reports.

Consumer Financial Protection Bureau
credit report
credit reports

CFPB to Regulate More Student Loan Servicers

By Steven Shaw on 12/3/2013

CFPB student loan servicers

The Consumer Financial Protection Bureau has expanded its oversight of student loan servicers, the bureau announced today, and it will now supervise several nonbank servicers to ensure compliance with federal consumer financial laws.

college graduate
Consumer Financial Protection Bureau
student debt
student loan repayment
student loans

Consumer Watchdog Now Accepting Payday Loan Complaints

By Steven Shaw on 11/7/2013

CFPB Now Accepting Payday Loan Complaints

The Consumer Financial Protection Bureau began overseeing the payday loan industry in 2012 and is now accepting complaints from borrowers who experience issues with them.

Consumers who take out payday loans, or cash advances, generally borrow less than $500 for a short period of time. These loans carry high interest rates, and while 12 million Americans use them each year, only 14% can afford to pay the amount in full, and the average borrower ends up in debt for five months, according to data from the Pew Charitable Trusts. That average borrower ends up paying $520 in finance charges for a $375 loan.

Consumer Financial Protection Bureau
Payday Loan
Payday Loan Complaints