Navy Federal, PenFed among financial institution listed. Navy Federal says complaint was handled and member got financial relief.
Combined mortgage disclosures, a new definition of APR, and an expansion of mortgage loans that qualify for Home Ownership and Equity Protection Act coverage were among major changes the Consumer Financial Protection Bureau proposed July 9 when it released two proposed rules.
A new publicly available database of consumer complaints about big bank credit card programs may benefit credit unions trying to market their card programs, industry observers speculated.
Trade group urges regulator to use efficient information collection methods to ease response burden on credit unions.
A new publicly available database of consumer complaints about big bank credit card programs may benefit credit unions trying to market their own cards.
The Consumer Financial Protection Bureau said it has launched an investigation to learn more about the many ways in which older Americans are financially exploited.
Last fall, 16 secret shoppers visiting branches at some of the nation’s biggest banks found out just how hard it was to close an account.
Agency official tells House panel that it may consider allowing non-working spouses to obtain credit.
Agency seeking comment on disclosures while moving toward added protections.
The financial institution must disclose fees, exchange rates and the amount of money that the recipient will receive.