Bankrupt auto dealership faces multimillion-dollar judgments after Augusta location closes
In April 2023, US Auto Sales shuttered its Bobby Jones Expressway location in Martinez and its 38 other locations throughout ...
Biden administration bars medical debt from credit scores
The rules ban credit agencies from including medical debts on consumers' credit reports and prohibit lenders from considering ...
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CFPB Finalizes Rule to Remove Medical Bills from Consumer Reports
On January 7, the Consumer Financial Protection Bureau (CFPB or Bureau) finalized its rule aimed at removing an estimated $49 ...
SD Bankers Association President: Federal ruling to remove medical debt is not as good as it sounds
The Biden Administration is finalizing this Consumer Financial Protection Bureau (CFPB) ruling that would also ban lenders ...
Trump Should Remake The CFPB Into The Consumer Fraud Protection Bureau
The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To ...
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Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – January 2025
To keep you informed of recent activities, below are several of the most significant federal and state events that have ...
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Maryville's Vanderbilt Mortgage Accused of Predatory Lending Practices by Consumer Protection Bureau
The CFPB is suing Vanderbilt Mortgage for alleged predatory lending and failing to verify borrowers’ ability to repay loans.
Consumer protection agency sues Walmart, Branch alleging illegal pay practices for gig drivers
The Consumer Financial Protection Bureau has sued Walmart and work scheduling platform Branch Messenger for allegedly forcing ...