Biden Administration Targets Junk Fees, Aims to Protect Consumers’ Wallets
In a significant move, the Biden administration is taking a stand against unpopular "junk fees" with a proposal that demands…
CFPB
Senate Nixes Rule That Allows Consumers to Sue Banks and Credit Card Companies
Summary: The Senate has voted to end the CFPB rule that barred mandatory arbitration clauses from financial companies. This week,…
What Law School Students Need to Know About LRAPs
Long ago, most law school applicants only worried about whether or not they had the necessary intellectual gifts and emotional…
Citibank Required to Pay $735 Million for Illegal Practices
Summary: Citibank must pay back $700 million to consumers and $35 million to the CFPB as a penalty for the…
CFPB Says “You Are On Your Own” if Using Virtual Currencies
Summary: CFPB issues consumer advisory report on using virtual currencies and clarifies misconceptions and risks of using currencies like Bitcoin and…