The CFPB stopped publishing complaint narratives Aug. 14 — here’s what’s still in the database and how I’d still vet a debt collector or settlement company.
The D.C. Circuit’s full 11-judge bench heard arguments on the CFPB shutdown Feb. 24 and appeared deeply skeptical. Even the government conceded it can’t fully eliminate the CFPB. Here’s what it means for consumers.
The CFPB fired program manager Alexis Goldstein after she documented a meeting with DOGE representatives and tried to protect sensitive consumer financial data from unauthorized access. DOGE gained access to all non-classified CFPB databases without completing required security training.
The Consumer Financial Protection Bureau is adding new barriers to its complaint portal — including disclaimers, proposed two-factor authentication, and complaint limits — after lobbying from the credit bureau industry. Consumer advocates say the changes will hurt the people who need the system most.
Quick Answer: The CFPB’s new interpretive rule clarifies that digital marketing firms helping financial companies identify customers or influence behavior must comply with federal consumer protection laws. Big Tech companies using behavioral targeting for financial products can now be held liable for unfair, deceptive, or abusive practices.Today, the Consumer Financial Protection Bureau (CFPB) issued an …
Quick Answer: The CFPB filed court documents alleging that Howard Law cannot continue Morgan Drexen’s debt settlement operations after the company’s closure. Records show the CFPB disputes Howard Law’s claim that former Morgan Drexen clients were actually law firm clients exempt from court shutdown orders.Last week the Consumer Financial Protection Bureau (CFPB) deposed Walter Ledda, …
Quick Answer: Students should know that college-sponsored bank accounts aren’t automatically good deals despite featuring campus logos or ID card integration. A Government Accountability Office report found many college-branded accounts offer no better terms than what students can find independently, and sometimes worse options.Aug 26 2015 By Seth Frotman and Rich WilliamsIf you’re a student …
Quick Answer: Morgan Drexen was a scam debt settlement company that went out of business in June 2015 after the CFPB successfully sued them for collecting illegal upfront fees and running deceptive advertisements. Former customers needed to take immediate action on unsettled debts and could request refunds from their settlement accounts.Jul 20 2015 By CFPB …
Jul 16 2015 By Ashley GordonHave you ever found an error on your credit report? These errors can negatively affect loan applications, how much you can borrow, hiring decisions and more. In Jorge’s case, he had lost an apartment because of a bankruptcy, which can stay on credit reports for up to ten years.Ten years …
Quick Answer: The Consumer Financial Protection Bureau is collecting public stories about student loan servicing problems from borrowers among the 40 million Americans repaying over $1.2 trillion in student debt. Borrowers can submit experiences about payment processing issues, transfer problems, and communication difficulties through July 13 to help address servicer practices that make debt repayment …
Did this conversation help?
Thank you. I'm glad you reached out.
You took an important step today. Come back any time.
Think of this as me — just in AI form. I've walked in your shoes. I filed bankruptcy myself in 1990, and in over 30 years of experience I haven't seen a situation that can't be worked through or a person who deserves judgment. Everything here is built on that experience, that research, and genuine care for you. I can't be there in person. But I can be here.
Conversations are saved anonymously. Personal details are automatically removed before storage. This is an AI — not a financial advisor, attorney, or therapist.
Not sure where to start?
Been here before?
