The limit on fees that banks and credit unions impose on clients whose account balances are insufficient to cover transactions would save U.S. consumers $5 billion every year, the federal agency said ...

The Consumer Financial Protection Bureau (CFPB) has cautioned companies against what it views as illegal or unlawful credit card rewards ...

The Consumer Financial Protection Bureau said some credit card companies may be devaluing points and airline miles illegally. NPR's Sarah McCammon talks to Nick Ewen of The Points Guy.

With a move designed to shake the foundations of the credit card industry, the Consumer Financial Protection Bureau (CFPB) ...

On December 18, the CFPB released an issue spotlight titled “The High Cost of Retail Credit Cards,” which described risks associated with ...

That is the minimum amount customers of three giant U.S. banks have lost since payments platform Zelle was launched in 2017, according to a lawsuit by the Consumer Financial Protection Bureau.

Rohit Chopra, the director of the CFPB, joins Ali Velshi to explain why the bureau is so important to the American consumer. “When people come to the CFPB, we require those companies to respond ...

CFPB, the government's consumer financial watchdog agency, alleges customers of the top three banks lost more than $870 million over the seven years that Zelle has been in existence due to the ...

OH, IT WASN’T US. TALK TO THE HAND. NO. SO IN TODAY’S LAWSUIT, THE CFPB SAYS, QUOTE, CONSUMERS WHO WENT TO THEIR BANKS FOR HELP WERE LARGELY DENIED RELIEF. AND SOME WERE EVEN TOLD TO TRY ...

“The nation’s largest banks felt threatened by competing payment apps, so they rushed to put out Zelle,” said CFPB Director Rohit Chopra in a statement. “By their failing to put in place ...