OCC Announces Project REACh to Promote Greater Access to Capital and Credit for Underserved Populations

The Office of the Comptroller of the Currency today announced the launch of Project REACh to promote financial inclusion through greater access to credit and capital.

The Office of the Comptroller of the Currency today announced the launch of Project REACh to promote financial inclusion through greater access to credit and capital.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-89.html

CFPB Releases Report on Debt Settlements and Credit Counseling

The Consumer Financial Protection Bureau released a report examining recent trends in debt settlement and credit counseling.

The Consumer Financial Protection Bureau released a report examining recent trends in debt settlement and credit counseling.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-releases-report-debt-settlements-credit-counseling/

Federal Reserve Board announces termination of enforcement action with The Leaders Group, Inc.

Federal Reserve Board announces termination of enforcement action with The Leaders Group, Inc.

Federal Reserve Board announces termination of enforcement action with The Leaders Group, Inc.

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/enforcement20200709a.htm

Consumer Financial Protection Bureau Takes Action Against Student-Loan Debt-Relief Business and Its Owners for Taking Illegal Advance Fees

The Consumer Financial Protection Bureau settled with Timemark, Inc., a company based in Deerfield Beach, Florida, that provides debt-relief services to consumers with federal student-loan debt, and with its owners and officers, Timothy Lenihan, Sr., M…

The Consumer Financial Protection Bureau settled with Timemark, Inc., a company based in Deerfield Beach, Florida, that provides debt-relief services to consumers with federal student-loan debt, and with its owners and officers, Timothy Lenihan, Sr., Mark Nagler, and Casey Gassaway.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-action-student-loan-debt-relief-business-illegal-advance-fees/

Consumer Financial Protection Bureau Ratifies Prior Regulatory Actions

The Consumer Financial Protection Bureau today ratified most regulatory actions the Bureau took from January 4, 2012 through June 30, 2020.

The Consumer Financial Protection Bureau today ratified most regulatory actions the Bureau took from January 4, 2012 through June 30, 2020.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-ratifies-prior-regulatory-actions/

Consumer Financial Protection Bureau Issues Final Rule on Small Dollar Lending

The Consumer Financial Protection Bureau today issued a final rule concerning small dollar lending in order to maintain consumer access to credit and competition in the marketplace.

The Consumer Financial Protection Bureau today issued a final rule concerning small dollar lending in order to maintain consumer access to credit and competition in the marketplace.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-issues-final-rule-small-dollar-lending/

CFPB Director Kraninger Announces Deputy Director; Additions to Executive Team

Consumer Financial Protection Bureau Director Kathleen L. Kraninger today announced that Thomas Pahl will serve as the Deputy Director of the Bureau.

Consumer Financial Protection Bureau Director Kathleen L. Kraninger today announced that Thomas Pahl will serve as the Deputy Director of the Bureau.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-director-kraninger-announces-deputy-director-additions-executive-team/

Consumer Financial Protection Bureau Files Suit Against Loan Doctor and Edgar Radjabli for Deceptive Acts and Practices in Marketing a Savings CD Account

The Consumer Financial Protection Bureau filed a lawsuit against My Loan Doctor LLC, a Delaware financial-services company operating in West Palm Beach, Florida and New York City and doing business as Loan Doctor, and its founder, Edgar Radjabli.

The Consumer Financial Protection Bureau filed a lawsuit against My Loan Doctor LLC, a Delaware financial-services company operating in West Palm Beach, Florida and New York City and doing business as Loan Doctor, and its founder, Edgar Radjabli.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-files-suit-against-loan-doctor-edgar-radjabli-deceptive-acts-practices/

CFPB Announces Consumer Financial Protection Week, Virtual Events Nationwide

The Consumer Financial Protection Bureau announced the launch of Consumer Financial Protection Week which will take place from July 14, 2020, through July 17, 2020.

The Consumer Financial Protection Bureau announced the launch of Consumer Financial Protection Week which will take place from July 14, 2020, through July 17, 2020.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-announces-consumer-financial-protection-week-virtual-events/