Although poorer homebuyers have been hit hardest by foreclosures and mortgage abuses, a larger number of complaints are coming from richer folks.
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The Consumer Financial Protection Bureau has warned companies that provide information to credit bureaus that they need to do a better job of investigating mistakes in credit reports.
New mortgage rules are going into effect Jan. 10 to protect homeowners and investors from the kinds of risky mortgages that were sold during the recent real estate bubble and led so many people into foreclosure.
Yet another big bank is in trouble with the Consumer Financial Protection Bureau for the way it sold credit card add-on products to customers.
U.S. Bank and Dealers’ Financial Service will return $6.5 million to service members who used the MILES program to finance car purchases.
The Consumer Financial Protection Bureau is ready to play hardball with the largely unregulated industry, and for the first time has referred a case for criminal prosecution.
A government study finds that banks’ deposit advance products frequently trap consumers in a cycle of debt just as payday lenders do.
A government crackdown on bad practices in the financial industry is scaring some companies into lawyering up.
The Consumer Financial Protection Bureau has revised a 2009 rule in order to help people with shared incomes qualify for credit cards.
Your stay-at-home husband or wife may soon have better access to credit, if a new proposed rule is adopted.
Some payday lenders plan to offer longer-term loans, hoping they can evade rules designed to protect consumers.
Concerned about how college kids get or spend money? The government wants your opinion, which could shape new regulations.
The government is warning lenders about misleading seniors and veterans, and consumers to watch out for these signs of trouble.
The government can now help settle disputes between you and a credit reporting agency. Here’s what you can complain about, and how.
Have you purchased Discover credit card protection or credit monitoring since December 2007? You might be getting some money back.
You could have as many as 49 different credit scores. And the one you pay for may not be the same as the one a lender uses to judge your creditworthiness.
The Consumer Financial Protection Bureau is warning of a common disaster scheme. Be careful seeking contractors after Sandy.
This reader is upset because he has three vastly different scores depending on the provider. Wait till he finds out he probably has closer to 50.
Starting in July, the new Consumer Financial Protection Bureau will start accepting complaints about deceptive and abusive financial products, from credit cards to payday loans. While you’re waiting, here are three other ways to voice your displeasure.
Don’t get stuck in a cycle of debt – avoid loans with interest rates as high as 500 percent.