DFPI Fines Lender for Failing to Disclose Convenience Fees
The California Department of Financial Protection and Innovation yesterday announced an enforcement action against an online lending platform that failed ...
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Tag: Consent Order
Regulators Fine Bank $36M for Freezing Accounts During Pandemic
The Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency reached separate settlements with U.S. Bank ...
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Debt Collector to Shut Down Under Enforcement Order with CFPB
The Consumer Financial Protection Bureau today announced that a medical debt collector -- Commonwealth Financial Systems in Pennsylvania -- is ...
Read moreDetailsBank of America to Pay $250M in Fines, Restitution Over Double-Dipping NSF Fees, Opening Fake Accounts
The Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency levied fines and restitution in the ...
Read moreDetailsCFPB Orders OneMain to Pay $20M in Fines, Penalties
The Consumer Financial Protection Bureau yesterday announced a consent order with OneMain Financial that will see the company pay $20 ...
Read moreDetailsCFPB Fines Fintech $3M for Using Faulty Savings Algorithm That Led to Customers Being Overdrawn
The Consumer Financial Protection Bureau yesterday announced that a fintech company that promoted itself as a savings tool for consumers ...
Read moreDetailsLender to Pay $19M for ‘Widespread’ Credit Reporting ‘Failures’
The Consumer Financial Protection Bureau yesterday announced a consent order with Hyundai Capital America, the financing arm of Hyundai Motors, ...
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BofA Fined $225M For ‘Botched’ Fraud Flags on Unemployment Disbursements
The Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency have imposed $225 million in fines ...
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Conn. Regulator Fines Company $10k For Operating Without License
The Connecticut Department of Banking has levied a $10,000 fine against a company for operating as a consumer collection agency ...
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Mass. Division of Banks Fines Companies $10k for Collecting Without Proper License
The Massachusetts Division of Banks has entered into a consent order with a group of companies that were accused of ...
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