In one of the bureau's final actions under former Director Rohit Chopra's leadership, the CFPB said Wise misled customers in the U.S. about fees and failed to make other required disclosures.

A fine by the Consumer Financial Protection Bureau (CFPB) against the U.S arm of London-based foreign exchange company Wise ...

The Consumer Financial Protection Bureau (CFPB) has hit U.K.-based remittance company Wise with about a $2 million fine for ...

On January 30, 2025, the CFPB issued an order against a remittance company for misleading consumers about fees and failing to ...

Readers consider the bureau’s policies under Rohit Chopra.

On January 17, the CFPB issued a consent order settling allegations that a consumer reporting agency (CRA) violated the FCRA and engaged in ...

Equifax was heavily fined by the Consumer Financial Protection Bureau for not adequately investigating consumer credit report ...

The Consumer Financial Protection Bureau finished last week with notable actions against a captive finance company and a credit bureau with total penalties against the companies approaching $30 ...

The Consumer Financial Protection Bureau (CFPB) took action against Equifax, the nationwide consumer reporting agency, for its failure to conduct “proper investigations” of consumer disputes.

Under the settlement, Equifax agreed to pay $15 million into the CFPB's victim relief fund and fix its dispute resolution processes.

Equifax, one of the major credit reporting agencies, is facing a significant penalty imposed by the Consumer Financial Protection Bureau (CFPB). The CFPB has mandated ...