CFPB: Project Catalyst Collaboration with Credit Karma to Improve Understanding of Financial Well-Being
At the CFPB, we believe all consumers have the right to achieve greater financial well-being for themselves and their families. Over the past few years, we talked to consumers across the country to hear what they had to say about financial well-being and what it means to them. We learned that financial well-being means having…
CFPB: 10 Ways to Protect Yourself in the Wake of the Equifax Data Breach
Whether or not you are among the millions of people affected by the recent Equifax data breach, there are several steps you can take to respond when your personal information is exposed in a data breach. We outlined several identity theft tips for you last week. Since then, people have been asking many questions and…
CFPB: Service Members Should Secure Their Identity after the Equifax Data Breach
If you were one of the many servicemembers and their families affected by the recent Equifax data breach, it is time for you to secure your identity. Thankfully, active duty servicemembers have special tools at their disposal, like active duty alerts or a security freeze, to reduce the risk of identity theft. Here is a CFPB operation order for…
CFPB: Announces First No-Action Letter in Efforts to Support Consumer-Friendly Innovation
The Consumer Financial Protection Bureau (CFPB) today announced a no-action letter issued to Upstart Network, Inc., a company that uses alternative data in making credit and pricing decisions. As a condition of the no-action letter, Upstart will regularly report lending and compliance information to the CFPB to mitigate risk to consumers and aid the Bureau’s…
CFIB: Identity Theft Protection Following the Equifax Data Breach
By Kristin Dohn Millions of Americans have been impacted by the recent Equifax data breach. Whether or not your personal information has been stolen, there are steps you can take to protect yourself and your credit. What is identity theft, and what can you do? Sometimes criminals who steal data use it to engage in…
CFPB: A Financial Toolkit for Victims of Hurricanes Harvey and Irma
When a catastrophe like Hurricane Harvey or Hurricane Irma happens, your world can be turned upside down. During these tough times, it may be difficult to know who to trust and where to look for guidance and assistance, as well as what financial steps to take as you begin recovering. These are a few organizations…
CFPB: New Financial Empowerment Tools for People with Disabilities
This year marks the 27th anniversary of the Americans with Disabilities Act . This is a time for us to celebrate the leaders in the disability rights movement past and present who have worked tirelessly to ensure equality of opportunity, independent living, and economic self-sufficiency for all people. Despite much progress, millions of people with…
CFPB: Join the “Your Money, Your Goals” 2018 Cohort
Today we’re announcing an opportunity to participate in the CFPB’s Your Money, Your Goals 2018 cohort. Your Money, Your Goals is a suite of financial empowerment tools and resources that individuals and organizations can use to help the people they serve manage their money and work toward their goals. Each year, we identify a small…
CFPB: Got a Check in the Mail from the CFPB? Here’s How to Tell if it’s Legit
If you have received a check from the CFPB, it is because we have taken an enforcement action against a person or company for violating a consumer financial protection law, and you are eligible for compensation as a result of this violation. This check may come in the mail directly from the CFPB or from…