Enforcement


How we keep you safe in the consumer financial marketplace

The CFPB works to create a level playing field in
financial markets and to help ensure fairness for consumers. Our SEFL division
helps ensure compliance with federal consumer financial laws by supervising
market participants and bringing enforcement actions when appropriate. 

This post was originally published on the Consumer Finance Protection Bureau's blog. Link: http://www.consumerfinance.gov/about-us/blog/how-we-keep-you-safe-consumer-financial-marketplace/ Author:

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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:

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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.