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Last updated on April 20, 2014 at 13:20 EDT

Latest Consumer Financial Protection Bureau Stories

2013-07-30 08:27:56

Many Cards Have Dropped Fees & Offer Convenient Features But Fee Disclosure Is Still Poor and Consumers Lack Important Legal Safeguards Compared to Debit Cards YONKERS, N.Y., July 30, 2013 /PRNewswire-USNewswire/ -- For the first time ever, Consumer Reports has ranked the best and worst prepaid cards based on value, convenience, safety, and how well fees are disclosed to consumers. The Consumer Reports investigation found that prepaid card fees have dropped and that many cards...

2013-07-18 23:01:11

Sara McLane and Amanda Campbell represent A-lign at the ACA International’s 74th Annual Convention & Expo, July 14-16, 2013. Tampa, FL (PRWEB) July 18, 2013 The Annual Convention of the ACA (The Association of Credit and Collections Professionals) allows credit and collection professionals from the US and around the world the opportunity to attend educational sessions and workshops, vendor exhibits and networking events with over 1,200 attendees to exchange ideas and solutions on...

2013-05-14 23:24:20

I.C. System, Inc. announced that it has completed a proactive business assessment in preparation for the federal supervision of accounts receivable management companies by the Consumer Financial Protection Bureau (CFPB). The self-commissioned assessment and advisory review process began during the month of January and a final report was issued in April, 2013. St. Paul, MN (PRWEB) May 14, 2013 As an enhancement to an already comprehensive collection agency compliance program, I.C. System...

2013-04-18 20:22:18

Recommendations Would Better Protect Older Americans from Financial Exploitation WASHINGTON, April 18, 2013 /PRNewswire-USNewswire/ -- Certified Financial Planner Board of Standards, Inc. (CFP Board) today urged federal and state policymakers to swiftly adopt recommendations made by the Consumer Financial Protection Bureau to prevent the misuse of senior designations, certifications and titles used by individuals working in the financial services industry. "These recommendations mark...

2013-02-12 08:35:55

RA'ANANA, Israel, February 12, 2013 /PRNewswire/ -- NICE Systems (NASDAQ: NICE) announced today it will share its expertise on how to meet Consumer Financial Protection Bureau (CFPB) requirements at an executive breakfast at the Mondrian SoHo in New York City on February 19, 2013. Company experts and industry guest speakers will discuss best practices for adhering to regulations recently enforced by the CFPB, as well as audit-readiness. NICE will present its solution for contact...

2013-01-19 23:03:23

KEL Credit Repair is backed by legal professionals with full knowledge of the laws that regulate the credit and debt collection industry. For more information on credit repair or debt collection practices, contact KEL Credit Repair, (888) 552-3655. Orlando, Florida (PRWEB) January 18, 2013 As reported by the CFPB on its consumer website, http://www.consumerfinance.gov, the Consumer Financial Protection Bureau recently published a ruling that will allow the federal agency to oversee larger...

2012-10-04 02:23:30

PRINCETON, N.J., Oct. 4, 2012 /PRNewswire-iReach/ -- Digital Firefly Marketing (Digital Firefly) (http://digitalfireflymarketing.com), a leading provider of online marketing services is pleased to announce they have been selected to support the online recruitment efforts for the Consumer Financial Protection Bureau (CFPB). To attract qualified candidates to CFPB employment opportunities, Digital Firefly will lead a high profile marketing campaign utilizing LinkedIn's cutting-edge networking...

2012-09-25 10:22:30

WASHINGTON, Sept. 25, 2012 /PRNewswire-USNewswire/ -- "We applaud the Consumer Financial Protection Bureau's credit score report that was released today. We think it puts an end to the debate over the value of educational scores versus those scores lenders use," said Stuart K. Pratt, president and CEO of the Consumer Data Industry Association. The CFPB study concluded that "correlations across the results of the scoring models were high." As a result, it determined "that for a majority of...

2012-07-28 23:02:55

Rapid Recovery Solution, Inc., a New York collection agency, comments on the unveiling of a new online tool for student loan borrowers by the Consumer Financial Protection Bureau. Bohemia, NY (PRWEB) July 27, 2012 On July 27, 2012, collection agency, Rapid Recovery Solution, Inc. comments on the Consumer Financial Protection Bureau (CFPB) releasing a new Student Loan Collection Assistant to aid student loan borrowers or debtors at risk of or currently facing default student loans....

2012-07-16 06:26:02

Updated Edition Includes the Latest Regulatory Developments under the Cordray-led CFPB NEW YORK, July 16, 2012 /PRNewswire-USNewswire/ -- Practising Law Institute and Dykema Gossett PLLC announce the release of the Consumer Financial Services Answer Book 2012-13. This revised and updated edition, published by PLI and authored by the lawyers at Dykema, explores the core federal laws that govern consumer credit, and includes a detailed description of the increasingly powerful Bureau of...