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Specialty credit reporting firms are warned: Give free reports
WASHINGTON -- People need to monitor more than just the three largest credit reporting companies, and some specialty firms that track rent payments, employment history and insurance claims aren't providing a free annual report as required by law, a...
Tags: U.S. Consumer Financial Protection Bureau, Equifax Incorporated, Consumers, Labor Legislation, Google+
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University of Maryland pledges to make financial aid transparent
University of Maryland system is among 10 colleges and universities promising to make financial aid transparent to students. It’s part of an Obama Administration effort to make sure incoming students understand what they’re getting into. The...Tags: U.S. Consumer Financial Protection Bureau, Financial Aid, Education, Consumers, Joe Biden
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Capital One to refund $150 million to customers
Watchdog with Paul MuschickLast week it was Wells Fargo that was in trouble with the feds. Today, it's Capital One. Two federal agencies announced that 2.5 million customers will share about $150 million in refunds because the bank deceptively sold credit card services...... -
American Express: Maybe you should leave home without it
Watchdog with Paul MuschickAmerican Express is the latest bank to be accused of illegal credit card practices. Some cardholders may be entitled to refunds. The Consumer Financial Protection Bureau said today it issued orders requiring three American Express subsidiaries to refund... -
Congress Should Dismantle Consumer Bureau
The Hartford CourantThere can be unseemly exposure of the mind as well as of the body, as the progressive mind is exposed in the Consumer Financial Protection Bureau, a creature of the labyrinthine Dodd-Frank legislation. Judicial dismantling of the CFPB would affirm the...Tags: Barack Obama, Banking, Federal Reserve, Politics, Economy, Business and Finance
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Agency needs day in court
Washington Post Writers GroupWASHINGTON — There can be unseemly exposure of the mind as well as of the body, as the progressive mind is exposed in the Consumer Financial Protection Bureau, a creature of the labyrinthine Dodd-Frank legislation. Judicial dismantling of the...Tags: Washington, DC, Banking, Barack Obama, Federal Reserve, The Washington Post
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Know the score on credit
The Philadelphia InquirerGood credit is important, especially when you're looking to buy a house. Mortgage lenders have to know whether you're able to repay the debt, and have to determine through your credit history whether you're willing to pay, as well. They use credit scores...Tags: Real Estate Buyers, U.S. Consumer Financial Protection Bureau, Finance, Credit Ratings, Economy, Business and Finance
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Credit settlement spurs refund for cardholders
If you have a credit card, watch closely. About 6 million credit card users are going to receive money back on their cards. And it doesn't matter if you have a rewards card or not. The reward you are about to get is unique. It's supposed to make up...
Tags: U.S. Consumer Financial Protection Bureau, Business, Finance, Economy, Business and Finance, Consumers
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Impact: Dodd-Frank Act Consumer Financial Protection Bureau has industries flustered
WASHINGTON (AP)— The new federal agency charged with enforcing consumer finance laws is emerging as an ambitious sheriff, taking on companies for deceptive fees and marketing and unmoved by protests that its tactics go too far. In the 14 months...
Tags: Washington, DC, Intersections Incorporated, Capital One Financial Corporation, American International Group, Politics
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CFPB to begin to oversight of credit bureaus
Credit bureaus collect all sorts of information about us from creditors, and this information is used to make decisions about whether we deserve a loan, a job or an apartment. There are some 400 credit bureaus in the United States, but oversight has been...Tags: U.S. Consumer Financial Protection Bureau, Credit Ratings, Economy, Business and Finance, Consumers, Companies and Corporations
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CFPB orders Capital One Bank to refund $140 million to consumers
Updated with Capital One's response In its first enforcement action, the Consumer Financial Protection Bureau has ordered Capital One Bank to refund $140 million to about two million customers. On top of that, the bank must pay a $25 million civil...Tags: U.S. Consumer Financial Protection Bureau, Finance, Economy, Business and Finance, Consumers, Office of the Comptroller of the Currency
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New financial aid form to help students, families chart college costs
L.A. NOWThe Obama administration on Tuesday released a version of a financial aid award letter that it said will allow students to better compare college costs before deciding where to enroll. The so-called “shopping sheet” is a one-page, standardized...
Nov 29, 2012
|Story| Los Angeles Times
Jun 5, 2012
|Story| Baltimore Sun
Jul 18, 2012
| Allentown Morning Call
Oct 1, 2012
| Allentown Morning Call
Nov 16, 2012
|Column| Hartford Courant
Nov 18, 2012
|Story| Aberdeen News
Sep 28, 2012
|Story| McClatchy-Tribune
Oct 12, 2012
|Column| Chicago Tribune
Sep 12, 2012
|Story| Petoskey News
Jul 16, 2012
|Story| Baltimore Sun
Jul 18, 2012
|Story| Baltimore Sun
Jul 23, 2012
| Los Angeles Times
Original site for Richard Cordray topic gallery.