Portfolio Recovery Fined

Federal Government fines Portfolio Recovery Associates $8 million!

Federal Government fines Portfolio Recovery Associates $8 million! After the 2008 financial crisis, Congress created the Consumer Financial Protection Bureau, as authorized by the Dodd–Frank Consumer Protection Act, as the only federal agency with the sole mission of protecting consumers in the financial marketplace. The Consumer Financial Protection Bureau (CFPB) is an independent agency of…

Midland Funding Fined

Federal Government Fines Midland Funding Millions of Dollars for False and Deceptive Collection Practices

Federal Government Fines Midland Funding Millions of Dollars for False and Deceptive Collection Practices After the 2008 financial crisis, Congress created the CFPB as the only federal agency with the sole mission of protecting consumers in the financial marketplace. The Consumer Financial Protection Bureau (CFPB) is an independent agency of the United States government responsible…

Wells Fargo Fined

Federal government fines Wells Fargo bank $100 million

Federal government fines portfolio recovery associates $8 million! After the 2008 financial crisis, Congress created the Consumer Financial Protection Bureau, as authorized by the Dodd–Frank Consumer Protection Act, as the only federal agency with the sole mission of protecting consumers in the financial marketplace. The Consumer Financial Protection Bureau (CFPB) is an independent agency of…