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Consumer Protection

Consumer rights and FTC enforcement

57 articles

Regulatory
•4 min read

Dun & Bradstreet Pays $5.7M for Violating FTC Consumer Order

Business credit reporting giant Dun & Bradstreet agreed to pay $5.7 million to settle Federal Trade Commission allegations that it violated a 2022 consent order. The violations include providing inaccurate subscription pricing information and falsely claiming paid products would improve customers' credit scores.

•D&B must pay $5.7 million, including $3.7 million in consumer refunds and $2 million in civil penalties
•The company violated a 2022 FTC order by providing inaccurate pricing information and making false credit score improvement claims
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Regulatory
•4 min read

FTC Stops Cancer Charity Scam That Misused 99.7% of $45M Raised

The Federal Trade Commission and 19 state agencies have shut down a deceptive charity fundraising scheme that raised over $45 million for breast cancer screenings but used only 0.28% for actual medical services. Kars-R-Us.com and its operators face permanent fundraising bans and operational restrictions under a proposed settlement.

•Only 0.28% of $45 million raised actually funded promised breast cancer screenings
•More than 84,000 donors were deceived by false claims about vehicle donations
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Regulatory
•4 min read

CFPB Settles Military Lending Act Case Against FirstCash

The Consumer Financial Protection Bureau has reached a settlement with FirstCash, Inc. and 19 subsidiaries to resolve a lawsuit alleging violations of the Military Lending Act. The parties filed a stipulated final judgment that would end the litigation if approved by the court.

•CFPB sued FirstCash and 19 subsidiaries in November 2021 for Military Lending Act violations
•Settlement includes stipulated final judgment pending court approval
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Regulatory
•4 min read

CFPB Amends Consent Order with Wise Over Fee Disclosure Violations

The Consumer Financial Protection Bureau amended its January 30, 2025 consent order with international remittance company Wise, addressing violations related to inaccurate fee advertising and inadequate disclosure of exchange rates and transfer costs.

•CFPB amended January 30, 2025 consent order with Wise over remittance disclosure violations
•Original settlement addressed inaccurate fee advertising and inadequate exchange rate disclosure
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Regulatory
•4 min read

CFPB Scales Back Enforcement Actions Following Texas Court Stay

The Consumer Financial Protection Bureau announced it will not prioritize enforcement or supervision actions against entities currently outside the scope of a court-imposed stay in *Texas Bankers Association v. CFPB*. This strategic decision represents a significant shift in the agency's regulatory approach as it navigates ongoing legal challenges to its authority.

•CFPB voluntarily reducing enforcement actions beyond what court stay requires
•Decision affects entities not directly covered by the Texas Bankers Association case
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Regulatory
•4 min read

CFPB Fines Wise $2.5 Million for Illegal Remittance Practices

The Consumer Financial Protection Bureau ordered international remittance company Wise to pay nearly $2.5 million in penalties for illegal practices in its money transfer operations. The enforcement action represents a significant regulatory crackdown on violations in the growing digital remittance market.

•CFPB imposed $2.5 million penalty on Wise for illegal remittance practices
•Action targets violations in international money transfer operations
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Regulatory
•4 min read

CFPB Backs Washington Bill to Remove Medical Debt from Credit Reports

The Consumer Financial Protection Bureau's General Counsel Seth Frotman has written to Washington State legislators supporting proposed legislation that would prohibit medical bills from appearing on credit reports. The federal agency's backing adds significant weight to state efforts to protect consumers from the credit impact of medical debt.

•CFPB General Counsel formally endorses Washington state legislation on medical debt credit reporting
•Letter addressed to Senator Marcus Riccelli and Representative Joe Timmons signals federal support for state consumer protection measures
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