Republicans led by Tim Scott and his gums, move to reverse Biden's overdraft fee cap rule

the bossman

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Look yall. Another low information voter. :unimpressed:

This the type of stupidity that needs to be flushed out of the community


Anyway, CFPB hasn’t really done anything. It would be nice if they focused on scammers because they are the ones ruining the lives of every day people.


WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) ordered TD Bank to pay $7.76 million to tens of thousands of victims of the bank’s illegal actions. For years, the bank repeatedly shared inaccurate, negative information about its customers to consumer reporting companies. The information included systemic errors about credit card delinquencies and bankruptcies. In addition to the redress, the CFPB is ordering TD Bank to pay a $20 million civil money penalty.



In December, the CFPB sent $6 million in financial relief to consumers harmed by illegal lending practices targeting veterans. Five people and their companies misled veterans and other consumers into selling their pension and disability payments, which is illegal under federal and relevant state law. These transactions were instead illegal high-interest loans.



WASHINGTON D.C. – Consumer Reports applauded the Consumer Financial Protection Bureau today for ordering the operator of Cash App to pay $175 million and adopt a number of measures to improve the way it handles fraudulent transactions reported by consumers. CR praised the action in light of its own investigation, which found weaknesses with how Cash App and other peer-to-peer payment apps handle disputes over fraud.


Nationstar, the fourth-largest mortgage servicer in the U.S., is set to pay $91 million to settle claims brought by the Consumer Financial Protection Bureau and state attorneys general alleging that the company failed to honor mortgage forbearance agreements and unfairly foreclosed on homeowners.



A decade ago, Seese was pestered by debt collectors who claimed her 95-year-old father had unpaid dentist bills. Even as the calls persisted and got increasingly ugly, the debt collectors refused to give basic information for Seese to check if there actually were bills that she let slip through the cracks.

She reached out to attorneys general in two states but it wasn’t until she filed a claim with CFPB that anything changed. Within a day, the calls stopped, and a week later, the case was closed. The debt, it turned out, was for another man with the same name as her father.
 

3rdWorld

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But why though?! What constituents was like you know what, that is hurting the core of society and needs to be repealed.........I swear these people refuse to stop playing in our faces.........

This is a Capitalist administration for Capitalists..

The corporations rule now breh, and Trump's here to ensure they have their way with you..:ufdup:
 

At30wecashout

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Look yall. Another low information voter. :unimpressed:

This the type of stupidity that needs to be flushed out of the community



















To quote myself
Everyone gets the right to an opinion but unfortunately they have zero responsibility to make that an informed opinion.
Folks need to remember that. Everything is public record and you can do 5 minutes of research before spouting some dumb shyt on here. The uninformed also get to vote:mjcry:Hence where we are today.
 

Pull Up the Roots

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Do they plan on helping the american people at some point or.....
VXLddml.jpeg
 

Woodwerkz

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Mamba Mentality # Kobe&GiGi. #LakerNation #LWO
Money over everything for them. fukk the people. South Carolina chose him. They will get another shot. Will they remember this?
Gerrymandering is top tier in South Carolina.

No one likes Lindsey Graham, or Tim Scott but they win just off of those facts. That's how no matter how poor they do they are guaranteed at least 60% of the vote bc of how the districts are drawn.

Scott also only wins because he's a cuck for the GOP and was a blackface back in the House of Rep days to offset Jim Clyburn for the GOP.
 

JoelB

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Anyway, CFPB hasn’t really done anything. It would be nice if they focused on scammers because they are the ones ruining the lives of every day people.
:mjtf:

They just went after Lexington law and made them pay 2 Billion for scamming people with bad credit. Went after Wells Fargo for opening fake accounts, Capital One for misrepresentation etc
 
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