Search Results for: CFPB
Paypal faces a complaint and a proposed consent order for illegally signing up people
May 20th, 2015
The Consumer Financial Protection Bureau is filing a complaint and a proposed consent order against PayPal for illegally signing up and billing tens of thousands of consumers for its online credit product, PayPal Credit. The Bureau alleges that PayPal ...
Law suits launched against law firms across US over mortgage advice
July 24th, 2014
Federal agencies and 15 states have initiated 41 law suits against law firms and lawyers concerning alleged scams over the provision of legal help to struggling homeowners. Suits have been brought, for instance, against Florida law firms Hoffman Law ...
Regulator says EU Banks Must Shun Bitcoin Until Rules in Place
July 4th, 2014
European Union banks should shun virtual currencies such as Bitcoin until a system of rules to prevent abuses are put in place, according to the bloc’s top banking regulator. The European Banking Authority called on the EU to develop ...
