WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) took action against Loan Doctor to resolve the CFPB’s claims that the company and its founder, Edgar Radjabli, broke the law by deceiving consumers into thinking they were depositing funds into a guaranteed return savings product within a commercial bank.
NEW YORK – New York Attorney General Letitia James and a multistate coalition of 35 attorneys general today secured $1 million from CarMax for failing to disclose open safety recalls on their used vehicles to consumers before sales.
WASHINGTON—U.S. Senators Chris Murphy (D-Conn.) and Chris Van Hollen (D-Md.) on Wednesdayreintroduced legislation to strengthen consumer protections and reform medical debt practices.
On November 14, 2022, the Consumer Financial Protection Bureau (“CFPB”) filed a petition for a writ of certiorari in connection with the Fifth Circuit’s recent decision in Community Financial, which held that the CFPB’s funding structure violated the Constitution’s Appropriations Clause.
On November 21, 2022, the Federal Communications Commission (FCC or Commission) issued a declaratory ruling finding that “ringless voicemails” to wireless telephones require consumer consent because they are “calls” made using an artificial or prerecorded voice, and thus are covered by the federal Telephone Consumer Protection Act, 47 U.S.C. § 227 (TCPA)