CFPB | Consumer Financial Protection Bureau

The Consumer Finance Protection Bureau (CFPB) was established to give consumers the information they need to understand agreements with financial institutions and protect them from unfair and deceptive practices. Maintaining best compliance practices are a top priority at Ticor, and we work diligently to stay updated with the latest news and changes from the CFPB. New CFPB regulation go into effect on August 1, 2015.

Know before you close.

Delinquencies on credit accounts continue to be low despite the pandemic

Posted:Wednesday June 16, 2021

New Bureau research examines consumer credit trends through April 2021, finding little increase in delinquencies on credit cards, auto loans, mortgages, and student loans during COVID-19. Delinquency rates also remain lower than pre-pandemic levels, likely as a result of public and private interventions.

¿Enfrenta un desalojo? Sepa qué hacer antes de que la moratoria del CDC termine

Posted:Monday June 14, 2021

Si le preocupa enfrentar un desalojo y que la moratoria del CDC termine, nosotros contamos con información para ayudarle. Esté informado acerca de cuáles pasos debe tomar, cuál asistencia hay disponible, y qué preguntas debería hacer.

Facing eviction? What to do before the CDC eviction moratorium expires

Posted:Monday June 14, 2021

We have information to help if you are concerned about eviction and the upcoming expiration of the CDC eviction moratorium. Stay informed about possible steps you need to take, available assistance, and questions you should ask.

HMDA Threshold Report Blog

Posted:Monday June 14, 2021

In this blog, we explain the data source and analytical approach, as well as key findings from the report ‘A Brief Note on General Lending Patterns of Small to Medium Size Closed-end HMDA Reporters’

Spring 2021 Rulemaking Agenda

Posted:Friday June 11, 2021

Under the Regulatory Flexibility Act, Federal agencies must publish regulatory agendas twice a year. CFPB participates in the Unified Agenda process, which is led by the Office of Management and Budget (OMB).

Practitioner tools for navigating financial exchanges with family and friends

Posted:Thursday June 03, 2021

Borrowing and lending money to family and friends is increasingly common during the pandemic. The Friends and Family Exchanges Toolkit is a resource for financial educators to support clients borrowing or lending money because of a financial emergency.

Addressing racial inequities in consumer finance markets

Posted:Wednesday June 02, 2021

As Acting Director, my top priorities are to take bold and swift action to address issues of pervasive racial injustice and the long-term economic impacts of the COVID-19 pandemic on consumers.

Summary of the 2021 CFPB Research Conference

Posted:Thursday May 27, 2021

The Bureau hosted its 5th Research Conference that highlighted recent research in consumer and household finance. The conference brought together members of the academic and policy research communities, including a keynote address by Raphael Bostic, President of the Federal Reserve Bank of Atlanta.

The Office of Servicemember Affairs year in review: Working together to protect servicemembers, veterans, and military families

Posted:Thursday May 06, 2021

Today, we’re releasing our eighth annual report highlighting the activities of the Office of Servicemember Affairs as well as complaints and emerging issues facing the military community in the financial marketplace.

Making Ends Meet series: Consumer use of payday, auto title, and pawn loans

Posted:Wednesday May 05, 2021

A new analysis in our Making Ends Meet survey series looks at how consumers use payday, auto title, and pawn loans. Use of these loans is persistent from year to year. Some consumers of these loans have lower cost credit available, while others lack access to other credit.

Celebrating older adults and the communities of strength supporting them

Posted:Monday May 03, 2021

During May, which is Older Americans Month, and through June 15, World Elder Abuse Awareness Day, we’ll highlight resources to help older adults make sound financial decisions as they age, while avoiding fraud, scams and elder financial exploitation.

Money Smarts for Military Families

Posted:Friday April 30, 2021

This blog highlights resources that servicemembers, military families and educators can use to teach children, teens, and young adults how to manage money.

Making Ends Meet series: Changes in consumer financial status during the early months of the pandemic

Posted:Friday April 30, 2021

A new analysis in our Making Ends Meet survey series looks at the early impact of COVID-19 on the financial status of consumers, finding that their ability to stay on top of their finances was greater in June 2020 than June 2019, likely as a result of government policies and private programs to reduce financial distress.

Innovation and collaboration: Tech sprints support improvements in consumer notifications and data collection and processing

Posted:Monday April 26, 2021

I’m pleased to release the results from our first tech sprints, which sought to identify innovations and improvements in the way lenders notify consumers of adverse credit actions, as well as how we collect and process home mortgage data.

Sepa cuáles son sus derechos como inquilino que enfrenta un desalojo

Posted:Thursday April 22, 2021

Si usted debe la renta, podría tener derecho a posponer el desalojo usando la Declaración de Protección contra el Desalojo del CDC. También podría tener derecho a recibir notificación de la moratoria de desalojos del CDC por parte de un cobrador de deudas. Sepa más acerca de las prácticas injustas de cobro de deudas y cómo evitar el desalojo durante la pandemia del COVID-19.

Know your rights as a renter facing eviction

Posted:Monday April 19, 2021

If you owe rent, you may have the right to postpone eviction using the CDC Declaration form. You may also have the right to receive notice of the CDC moratorium from a debt collector. Learn more about unfair debt collection practices and how to avoid eviction during COVID-19.

Protecting consumers through a pandemic: 2020 Fair Lending Report to Congress

Posted:Wednesday April 14, 2021

This report describes our fair lending activities in supervision, enforcement, guidance and rulemaking, interagency coordination, and outreach and education for calendar year 2020.

Unemployment benefits scams: How to protect yourself

Posted:Wednesday April 07, 2021

Scammers are taking advantage of the pandemic and fraudulently filing unemployment claims using stolen personal identity information. If you received a 1099-G tax form for unemployment benefits that you didn’t apply for or receive, you may be a victim of identity theft.

Estafas con beneficios por desempleo: Cómo puede protegerse

Posted:Wednesday April 07, 2021

Existen estafadores que están aprovechándose de la pandemia para introducir de forma fraudulenta, reclamos de beneficios por desempleo, utilizando información personal de identidad robada. Si le llegó una planilla de impuestos 1099-G por beneficios por desempleo que no ha solicitado o recibido, usted podría ser víctima de un robo de identidad.

How we’re helping consumers during Financial Capability Month

Posted:Monday April 05, 2021

April is National Financial Capability Month, and we’re highlighting ways to prevent and recover from financial hardship during the pandemic and future uncertain times.

Mortgage Servicer Communication: Strategies during the COVID-19 pandemic

Posted:Monday April 05, 2021

The COVID-19 pandemic is presenting one of the biggest challenges to the mortgage servicing industry since the Great Recession. There are an estimated 3 million delinquent loans, including more than 2 million loans in long-term forbearance. The Bureau is closely monitoring how servicers are handling the increased volume and emphasizes the importance of good communication especially at a time when so many homeowners are distressed. The Bureau also encourages servicers to use all available tools to reach struggling homeowners.

A complete guide to COVID-19 financial relief

Posted:Friday April 02, 2021

Americans are receiving the third and latest round of financial relief through the Economic Impact Payments (EIP). Yet, millions still haven’t received the first and second payments – and likely won’t receive the third unless they file a 2020 tax return. View our complete guide to the COVID-19 Economic Impact Payments.

The CFPB is here to help consumers facing housing insecurity

Posted:Thursday April 01, 2021

The CFPB was born out of the 2008 financial crisis to protect the economically vulnerable. During COVID-19 and the resulting economic crisis, we’re doubling down on that commitment. Learn how the CFPB is using our tools to protect consumers facing housing insecurity.

¿Está pidiendo o prestándole dinero a familiares o amigos? Use esta hoja de trabajo

Posted:Friday March 26, 2021

Si para sobrellevar la pandemia usted está compartiendo dinero, tiempo u otros recursos con familiares y amigos, podemos ayudarle a pensar cómo trabajar juntos y reducir tensiones en sus relaciones con ellos.

Borrowing or lending money to family or friends? Use this worksheet

Posted:Friday March 26, 2021

If you’re sharing money, time, or other resources with family and friends to weather the pandemic, we can help you think through how to work together and reduce strain on your relationships.

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