The Consumer Financial Protection Act of 2010 (CFPA) prohibits any ‘‘covered person’’ or ‘‘service provider’’ from ‘‘engag[ing] in any unfair, deceptive, or abusive act or practice’’ and defines abusive conduct.
CFPB
The Consumer Financial Protection Bureau (CFPB) is issuing this policy statement on Compliance Assistance Sandbox (Policy), which is intended to further objectives under Section 1021 of the Consumer Financial Protection Act.
The Consumer Financial Protection Bureau (CFPB) is issuing this policy statement on No-Action Letters (Policy), which is intended to further objectives under section 1021 of the Consumer Financial Protection Act.
This May 12, 2025, CFPB notice withdraws 67 guidance documents that the CFPB has issued since its inception. The notice indicates that the CFPB will review the guidance documents to see if certain ones should be reinstated, and is generally withdrawing the documents because its present policy is not to issue guidance documents. The notice does not question the content, analysis, or conclusions of any of the guidance documents.
SUMMARY: The Consumer Financial Protection Bureau (CFPB or Bureau) amends Regulation Z, which implements the Truth in Lending Act (TILA), to address late fees charged by card issuers that together with their affiliates have one million or more open credit card accounts (referred to as "Larger Card Issuers" herein). This final rule adopts a late fee safe harbor threshold of $8 for those issuers and provides that the annual adjustments to reflect changes in the Consumer Price Index (CPI) do not apply to this $8 amount.
Prepared Remarks of Seth Frotman, General Counsel and Senior Advisor to the Director Consumer Financial Protection Bureau, at the National Consumer Law Center/National Association of Consumer Advocates Spring Training
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This letter was created by the CFPB as an aid to debt collectors. From the CFPB website:
"Communicating with debt collectors
In addition to using the validation information to follow up with the debt collector, you can use these sample letters to communicate with them: