The Consumer Financial Protection Bureau is one of the most powerful and well-funded government agencies. This organization is responsible for policing various financial industries and protecting American consumers. In efforts to live up to its mission and to utilize all that power and money, the CFPB has not pulled any punches when going after certain […]

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As things stand right now, there are millions of American consumers who have subprime credit scores, or bad credit. If you are one of those folks it may be tempting to believe that you have to simply deal with your low credit score, until it starts to improve over the years. There are, however, some […]

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Two people who founded a company that was in the business of reselling loan applications has found themselves in the crosshairs of the Consumer Financial Protection Bureau (CFPB.) It is alleged that these two co-founders were selling applications to lenders and data brokerages without assessing where the leads came from or the companies that they […]

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One of the biggest problems facing the payday lending industry is the introduction of new laws that will put a major damper on the industry by way of limiting access to short term loans across the country. Some of the folks behind these new proposals believe that restricting access will solve the debt problems that […]

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