What does the Dodd-Frank Act do for consumers? For the first time in over twenty years, Congress made more changes in consumer protection laws by enacting the Dodd-Frank Act. Publ. L. No. 111-203, 124 Stat. 1376 (2010). The Dodd Frank Act was signed into law on July 21, 2010. The Dodd Frank Act includes consumer protection [...]
Posts Tagged ‘cfpb’
WHAT DOES DODD FRANK ACT DO FOR CONSUMERS?
Posted: October 12, 2012 by administrator in CONSUMER FRAUD, FCRATags: AL, atlanta ga, austin tx, Birimingham AL, cfpb, consumer financial protection bureau, CONSUMER LAW, consumer protection attorney, credit scores, Dallas tx, dodd frank, ECOA, equal Credit opportunity Act, fair credit reporting act, FCRA LAW, FT WORTH TX, houston tx, Hubtsville, miami fl, mobile al, montgomery al, Nashville tn, Orlando FL, san antonio tx, Tampa fl
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CFPB PROPOSES PROCEDURAL RULE ON SUPERVISING NONBANKS THAT POSE RISKS TO CONSUMERS
Posted: May 25, 2012 by administrator in CONSUMER FRAUDTags: atlanta ga, Birmingham al, cfpb, consumer financial protection bureau, CONSUMER LAW, Dallas tx, MORTGAGE COMPANY, OCNSUMER REPORTING AGENCY, Orlando FL, PAYDAY LENDER, richard cordray
Yesterday, the Consumer Financial Protection Bureau (CFPB) issued the following press release: CFPB PROPOSES PROCEDURAL RULE ON SUPERVISING NONBANKS THAT POSE RISKS TO CONSUMERS WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today is proposing a rule that would set up procedures to supervise nonbanks that may have engaged in activities that pose risks to consumers. [...]
IDENTITY THEFT IS THE #1 COMPLAINT MADE TO FEDERAL TRADE COMMISSION
Posted: February 28, 2012 by administrator in FCRATags: atlanta ga, Birmingham al, cfpb, CONSUMER LAW, Dallas tx, fair credit reporting act, Federal Trade Commission, identity, IDENTITY THEFT, Identity Theft Law, Nashville tn, Orlando FL
Identity Theft #1 Complaint to FTC The Federal Trade Commission today released its list of top consumer complaints received by the agency in 2011. For the 12th year in a row, identity theft complaints topped the list. Of more than 1.8 million complaints filed in 2011, 279,156 or 15 percent, were identity theft complaints. Nearly [...]
Sen. Paul to Challenge Cordray Recess Appointment
Posted: February 3, 2012 by administrator in FCRATags: cfpb, Consumer Financial Protection Buruea, Obama Recess Appointment, richard cordray
Politico (2/1, Kim) reports that Sen. Rand Paul (R-KY) “is joining a legal challenge to President Barack Obama’s recess appointments to the National Labor Relations Board.” Paul “appears to be the first sitting senator to legally object to the Jan. 4 appointments that drew fire from congressional Republicans, who say the president overstepped constitutional boundaries by [...]
CFPB DIRECTOR RICHARD CORDRAY TO SPEAK IN BIRMINGHAM, ALABAMA – PAYDAY LENDING
Posted: January 18, 2012 by administrator in CONSUMER FRAUDTags: 2012 CFPB Hearing, alabama, birmingham, cfpb, consumer financial protection bureau, consumer protection, Field Panel, Janaury 19, richard cordray
The hearing will take place on Thursday, January 19, 2012, at 12:00 P.M. CST (UPDATED LOCATION: at the Birmingham-Jefferson Convention Complex). Alabama is a state with one of the highest number of payday lenders per capita in the country. The CFPB is the first federal agency with the authority to oversee payday lenders of all [...]
RICHARD CORDRAY DIDN’T WASTE TIME TRYING TO CONNECT WITH CONSUMERS
Posted: January 10, 2012 by administrator in CONSUMER FRAUD, FCRATags: Atlanta georgia attorney, birmingham alabama attorney, cfpb, CONSUMER ATTORNEY, consumer financial protection bureau, CONSUMER FRAUD, CONSUMER LAWYER, DALLAS TEXAS ATTORNEY, NASHVILLE TENNESSEE ATTORNEY, ORLANDO FLORIDA ATTORNEY, richard cordray
Richard Cordray, the new director of the Consumer Financial Protection Bureau (CFPB), didn’t waste any time trying to connect with consumers about how the CFPB can help them in 2012. Here’s the email being sent to consumers across the US: Happy New Year, As the new Director of the Consumer Financial Protection Bureau, and as [...]
CORDRAY APPOINTED – PRESIDENT SUPPORTS CONSUMER PROTECTION DESPITE REPUBLICAN OPPOSITION
Posted: January 7, 2012 by administrator in FCRATags: alabama, attorney, cfpb, consumer financial protection bureau, Consumer Fraud Attorney, CREDIT REPORT DISPUTES, CREDIT REPORT ERROR LAWYER, Florida, GEORGIA, ID THEFT ATTORNEYS, IDENTITY THEFT ATTORNEYS, lawyer, richard cordray, Tennessee, TEXAS, Virginia
The long-delayed start of a new consumer protection bureau took a major step forward Wednesday when the White House defied Congressional Republicans who had been holding out for changes that consumer advocates say would have substantially weakened the agency. President Barack Obama announced a recess appointment to name Richard Cordray as the nation’s chief consumer [...]
DOES MY LENDER GET THE SAME CREDIT SCORE I GET?
Posted: July 22, 2011 by administrator in CREDIT DISPUTES, FCRATags: alabama, allen, Atlanta, attorney, birmingham, cfpb, consumer financial protection bureau, credit, CREDIT DISPUTE, credit error, CREDIT REPORT, CREDIT SCORE, Dallas, EQUIFAX, EXPERIAN, Florida, frisco, GEORGIA, huntsville, jackson, Jacksonville, law, lawyer, lender, McKinney, Memphis, mississippi, mobile, montgomery, nashville, Orlando, pensacola, Plano, Richardson, tallahassee, Tennessee, TEXAS, Trans Union, Tuscaloosa
Consumers have the right to request (for a fee) their credit score from the three nationwide consumer reporting agencies, Equifax, Experian and Trans Union. Is the credit score consumers receives the same score provided to lenders? No, according to a recent Consumer Financial Protection Bureau (CFPB) report. In its July 20, 2011 report, the CFPB [...]