News

2018

February

20
  • Zero-down home loans are back. Be very leery. The notion of buying a home with no money down is understandably alluring. But what looks sexy in a lender’s advertisement does not always translate into what is best for your financial well-being.
17
15
  • The Trump administration is trying to undermine the CFPB. Over the past few weeks, the administration has dismissed enforcement actions, delayed the payday lending rule and halted the investigation of Equifax. Calling for the CFPB to act with more “humility,” Mulvaney has taken up…
14
  • Consumer protection bureau losing its teeth. Acting director Mick Mulvaney is turning the financial watchdog into a corporate lapdog. For nearly seven years since it began, the federal government’s first agency dedicated to protecting consumers fought successfully to prevent rip-offs by credit card…
13
12
  • Lock and unlock your credit report for free. Equifax is fighting to regain consumer trust, following one of the largest and most damaging data breaches in history, when the credit reporting giant unwittingly exposed sensitive personal information belonging to 145 million people.
08
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06
  • CFPB said to be letting Equifax off the hook for data breach. The down-is-up world of the Trump administration grew even battier Monday amid reports that the Consumer Financial Protection Bureau is scaling back its investigation into credit agency Equifax, which allowed hackers to access the personal…
  • Democrats lash out at CFPB after it drops Equifax probe. Democratic lawmakers lashed out at the Consumer Financial Protection Bureau on Monday amid a report that the agency was backing off an investigation into a massive data breach at Equifax last year that exposed sensitive…
05
04
  • Appeals court CFPB ruling a big win for consumers. In 2016, a panel of three judges of the U.S. Court of Appeals for the D.C. Circuit held that the structure of the Consumer Financial Protection Bureau (CFPB) was unconstitutional.  Wednesday, the D.C. Circuit voted…
 

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