Debt Collectors Will Now Be Able To Contact You Through Social Media
A new rule from the Consumer Financial Protection Bureau would allow debt collectors to contact consumers by email, text message, and social media platforms....
Consumer Financial Protection Bureau
Trump Appointee at Agency That Protects Against Financial Discrimination Wrote Racist Blog
The Washington Post is reporting that Eric Blankenstein, appointed policy director at the Consumer Financial Protection Bureau (CFPB) by President Trump, wrote a blog expressing...
6 Tips to Avoid Wrangling with Your Student Loan Servicer
A lot has been written about this lawsuit—and I want to make sure that Black Enterprise readers are informed. Black students are more likely to...
Student Loan Servicers Are Not Your Friends
The other day I wrote that student loan servicers are not your friends. I advised borrowers who are paying back student loan debt to keep...
Companies Servicing Student Loans Add to Borrowers’ Burden
The companies servicing student loans ignore requests, do the opposite of what they're asked to do, and provide inadequate counsel about repayment plans....
New Changes Coming for “Know Before You Owe” Mortgage Rules
The Dodd-Frank Wall Street Reform and Protection Act worked to make this information more accessible and charged the CFPB with drafting disclosure forms that were...
CFPB Launches Tool for Home Owners
The Consumer Financial Protection Bureau is now offering resources to help home owners and home buyers gain more information about mortgages....
CFPB Releases Report on Loopholes in Military Lending Act Rules
Loopholes in the Military Lending Act rules are causing servicemembers to incur extra costs....
CFPB Report Reveals Decline in College Credit Card Agreements
There has been a nearly 70% reduction in the number of credit card agreements since Congress enacted new requirements for disclosure in 2009....
CFPB Announces Consumer Saving Research Project
The CFPB announced a research program that would assess the effectiveness of certain habits designed to foster positive saving habits....