CFPB

NACA Survey: CFPB Fully Immersed as Key Resource and Partner for Distressed Consumers in Financial Marketplace

Release Date: 
February 8, 2018

Washington, D.C. In its six-year existence, the Consumer Financial Protection Bureau (CFPB) has proved itself integral to curbing predatory lending and other practices that harm American consumers every day, a survey from the National Association of Consumer Advocates (NACA) shows.

NACA Survey: CFPB in Our Communities

Publish Date: 
February 8, 2018
Type: 
legislative

NACA conducted an online survey to understand how attorneys and advocates, who represent consumers in the financial marketplace, interact with the Consumer Financial Protection Bureau. The survey results show that consumers and their advocates enforce and rely on the CFPB’s work in resolving private disputes with financial institutions, and simultaneously, regularly alert the bureau of new and growing predatory practices in their communities across the country that the agency can then investigate and take action on.

"Business of Insurance" Bill Could Unnecessarily Limit CFPB Authority

Publish Date: 
December 18, 2017
Type: 
legislative

Groups oppose HR 3746, the Business of Insurance Regulatory Reform Act of 2017 which would limit the CFPB’s authority to enforce federal consumer financial protection laws against entities that are regulated by a state insurance regulator to the extent such person is engaged in the business of insurance. The bill could have wide-ranging impacts that infringe on the CFPB’s core authority to address problems with consumer financial products and services.

Post-Equifax Breach, NACA Urges Senate Committee to Support Strong Consumer Protections

Publish Date: 
October 3, 2017
Type: 
legislative

NACA submitted a letter to the U.S. Senate Banking Committee to share its views for the Oct. 4 hearing on the Equifax cybersecurity breach. The Equifax breach is an object lesson on the consequences of a powerful entity that lacks adequate controls and incentive to act responsibly and in good faith in the marketplace.

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