We use the Bureau’s Making Ends Meet survey to study whether financially vulnerable consumers have turned to credit card debt during the coronavirus pandemic. We find that credit card debt fell even for consumers who were financially vulnerable before the pandemic.
As a result of the economic uncertainty caused by the COVID-19 pandemic, scammers may be targeting older homeowners through reverse mortgage schemes. Learn how to spot and avoid these reverse mortgage scams.
CFPB’s Section for Students and Young Consumers released new podcast episodes. Subscribe today.
Under the Regulatory Flexibility Act, federal agencies must publish regulatory agendas twice a year. As an independent regulatory agency, we have been voluntarily participating in the Unified Agenda, which is led by the Office of Management and Budget (OMB).
The CFPB Ombudsman’s Office shares its FY2020 Annual Report.
Learn tips financial caregivers can use to help family and friends avoid cyber scams and protect their finances over the holidays.
Learn more about the Bureau’s Enforcement work.
El CFPB planea desarrollar directrices para la atención a consumidores LEP o con Limitado Manejo del Inglés y para ello, está recibiendo comentarios públicos formales a través de su Solicitud de Información del año 2020 sobre la Ley de Oportunidad Equitativa al Crédito y Regulación B.
GI Bill education benefits are not unlimited, so make sure you have a plan to use them wisely. The Department of Veterans Affairs’ GI Bill Comparison Tool, the Department of Education’s College Scorecard website, and the CFPB’s Your Financial Path to Graduation Tool can help.
The Bureau plans to develop guidance on serving consumers with limited English proficiency (LEP) and welcomes formal public comments through the Bureau’s 2020 Request for Information on the Equal Credit Opportunity Act and Regulation B.
This report explores the prevalence of actual payment information in consumer credit reporting. Quarterly Consumer credit trends reports focus on a specific consumer financial product or issue using a longitudinal, nationally representative sample of de-identified credit records maintained by a nationwide consumer reporting agency.
Homeowners who are struggling to make mortgage payments because of a COVID-19 related hardship, or who got a mortgage forbearance that is coming to an end, should talk to their mortgage servicer or a HUD-approved housing counselor about options and next steps.
This blog highlights National Veterans and Military Families Month and the resources, releases, and collaboration CFPB/Office of Servicemember Affairs (OSA) are conducting during the month to support military consumer education, protection and empowerment.
We have announced a final rule on the Fair Debt Collection Practices Act (FDCPA), which clarifies how debt collectors can communicate with consumers. Here are several things you should know.
We are finally leaving 1977 behind and developing a debt collection system that works for consumers and industry in the modern world.
Do you know or work with someone who doesn’t typically file taxes? They may be eligible for Economic Impact Payments (EIP). Help those you serve claim their money with a new guide and resources from the CFPB.
This October 8th is Annual Ombuds Day, meant to increase awareness and help educate about the ombudsman profession.
Better clarity regarding the treatment of MSAs under RESPA Section 8. The Bureau remains committed to vigorous enforcement of RESPA Section 8.
Three ways to protect yourself and your loved ones online.
Thinking about tomorrow? A brighter financial future is within reach. Take the first step and add to your emergency savings today.
The Consumer Financial Protection Bureau announced its first Tech Sprint to reduce regulatory burden and improve consumer understanding of financial services.
Scammers take advantage of people during stressful times. Protect yourself and loved ones by learning the warning signs of disaster-related scams and sharing new CFPB placemats and related handouts.
Research by Bureau experts supports and often impacts Bureau policy. Under the new procedures the Bureau will subject important research to external peer review. Peer review by outside experts ensures the quality and credibility of technical and scientific research.
Consumers who are of limited English proficiency face unique challenges in learning about and accessing financial services. Watch our webinar to learn how CFPB is working to make our resources accessible to everyone.
Aquellos consumidores con limitado manejo del inglés enfrentan retos únicos para conocer y acceder a servicios financieros. Mire nuestro webinar para que sepa cómo el CFPB está trabajando para lograr que sus recursos sean accesibles para todos.
