Enforcement


Mastercard and UniRush to Pay $10 Million to Consumers Harmed by RushCard Technology Breakdown

Today, we took action against Mastercard and UniRush after preventable
technological breakdowns in October 2015 left tens of thousands of RushCard
users unable to access their money and without customer support.

This post was originally published on the Consumer Finance Protection Bureau's blog. Link: http://www.consumerfinance.gov/about-us/blog/mastercard-and-unirush-pay-10-million-consumers-harmed-rushcard-technology-breakdown/ Author:

Read more here.


What you need to know: Understanding why offers for “your” credit score are not all the same

There are many credit scores available to you as a
consumer as well as to lenders. A credit score you receive may not be the same
score your lender is using to make a credit decision. Your credit score starts
with the information in your credit report and may be different depending on
the data used to calculate it.

This post was originally published on the Consumer Finance Protection Bureau's blog. Link: http://www.consumerfinance.gov/about-us/blog/what-you-need-know-understanding-why-offers-your-credit-score-are-not-all-same/ Author:

Read more here.


Cientos de miles de cuentas creadas en secreto por los empleados de Wells Fargo Bank resultan en una multa histórica de $100 millones por parte del CFPB

La Oficina
para la Protección Financiera del Consumidor (CFPB, por sus siglas en inglés) multa
a Wells Fargo por abrir cuentas secretas sin el conocimiento o consentimiento
de los consumidores.

This post was originally published on the Consumer Finance Protection Bureau's blog. Link: http://www.consumerfinance.gov/about-us/blog/cientos-de-miles-de-cuentas-creadas-en-secreto-por-los-empleados-de-wells-fargo-bank-resultan-en-una-multa-historica-de-100-millones-por-parte-del-cfpb/ Author:

Read more here.


Hundreds of thousands of accounts secretly created by Wells Fargo Bank employees leads to historic $100 million fine from the CFPB

The
Consumer Financial Protection Bureau
fines Wells Fargo for opening secret accounts without consumers’ knowledge or
consent. 

This post was originally published on the Consumer Finance Protection Bureau's blog. Link: http://www.consumerfinance.gov/about-us/blog/hundreds-thousands-accounts-secretly-created-wells-fargo-bank-employees-leads-historic-100-million-fine-cfpb/ Author:

Read more here.