“Dear CFPB” wish lists urge action on mortgages, payday advances, prepaid cards

October 12, 2020 by  
Filed under Florida Online Payday Loans

“Dear CFPB” wish lists urge action on mortgages, payday advances, prepaid cards

The buyer Financial Protection Bureau has exposed for company, its mailbox piled high with wish-lists from customer advocacy teams by what the brand new agency should tackle first.

The arrival of the CFPB, the banking industry and other financial services providers such as payday lenders, debt collectors, consumer credit bureaus and credit card issuers are less enthusiastic and worry that any new regulations could be costly and burdensome while consumer groups cheer. Read more