More than 50 Cornerstone-member credit union leaders and advocates spoke with Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra. Discussion topics included auto loans, overdraft protection programs, rulemaking, and ways to engage with the CFPB.
The Federal Trade Commission is taking actionagainst auto dealer Passport Automotive Group for deceiving consumers by tacking hundreds to thousands of dollars in illegal junk fees onto car prices and for discriminating against Black and Latino consumers with higher financing costs and fees. Passport, its president, Everett Hellmuth, and its vice president, Jay Klein, will pay more than $3.3 million to settle the FTC’s lawsuit, which will be used to refund consumers harmed by Passport’s conduct.
HARRISBURG (KDKA) - The owners of a car title loan business have been ordered to refund more than $1.5 million to Pennsylvanians. Attorney General Josh Shapiro said CashPoint gave thousands of unlawful loans at annual interest rates exceeding 200 percent.
SAN JOSE, Calif., Oct. 14, 2022 (GLOBE NEWSWIRE) -- Tech CU (Technology Credit Union) celebrated the grand opening of its Idaho Virtual Branch via a private, online event earlier today. Event speakers included Boise Mayor Lauren McLean, Bill Connors, President and CEO of the Boise Metro Chamber, Reid Stephan, the CIO of St. Luke's, and Jay Larsen, the CEO of the Idaho Tech Council.
Businesses that have implemented compliance measures to comply with the California Consumer Privacy Act of 2018, as amended by the California Consumer Rights Act of 2020 (CCPA) can leverage existing compliance mechanisms designed to comply with the CCPA to satisfy requirements under the Utah Consumer Privacy Act (UCPA), which will become operative on 31 December 2023.
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