Consumer Financial Protection Bureau by alexaafloreess https://padlet.com/alexaafloreess/8mq7fwhrwkg0 p3 en-us 2019-04-03 13:52:42 UTC 2019-04-03 14:07:32 UTC hello@padlet.com What is the CFPB? alexaafloreess https://padlet.com/alexaafloreess/8mq7fwhrwkg0/wish/348072269 The Consumer Financial Protection Bureau is a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly.

]]> 2019-04-03 13:56:25 UTC https://padlet.com/alexaafloreess/8mq7fwhrwkg0/wish/348072269 Benefits alexaafloreess https://padlet.com/alexaafloreess/8mq7fwhrwkg0/wish/348073096 - Whether you want to put money aside for unexpected expenses or make a plan to save for your future goals, we have resources that can help.

-We offer clear, impartial answers to hundreds of financial questions.

-Find the information you need to make more informed choices about your money
]]> 2019-04-03 13:57:57 UTC https://padlet.com/alexaafloreess/8mq7fwhrwkg0/wish/348073096 They hold companies accountable for illegal practices alexaafloreess https://padlet.com/alexaafloreess/8mq7fwhrwkg0/wish/348074147 - $12.4 billion in relief to consumers from our enforcement actions

- 31 million+ consumers will receive relief because of our actions]]> 2019-04-03 13:59:35 UTC https://padlet.com/alexaafloreess/8mq7fwhrwkg0/wish/348074147 They listen to consumers and make their voices heard alexaafloreess https://padlet.com/alexaafloreess/8mq7fwhrwkg0/wish/348075112 - 1.5 million+ complaints we’ve handled from consumers

-97% of consumers get timely replies when we send their complaints to companies]]> 2019-04-03 14:01:18 UTC https://padlet.com/alexaafloreess/8mq7fwhrwkg0/wish/348075112 About CFPB alexaafloreess https://padlet.com/alexaafloreess/8mq7fwhrwkg0/wish/348077228 Director: Kathy Kraninger
Founder: United States of America
Founded: July 21, 2011
Agency executives: Kathleen Kraninger, Director; Brian Johnson, Acting Deputy Director
Jurisdiction: United States of America
Headquarters: Washington, D.C., U.S
]]> 2019-04-03 14:04:32 UTC https://padlet.com/alexaafloreess/8mq7fwhrwkg0/wish/348077228 CFPB alexaafloreess https://padlet.com/alexaafloreess/8mq7fwhrwkg0/wish/348078294
According to former Director Richard Cordray, the Bureau's priorities are mortgages, credit cards and student loans.[ The CFPB was designed to consolidate its employees and responsibilities from a number of other federal regulatory bodies, including the Federal Reserve, the Federal Trade Commission, the Federal Deposit Insurance Corporation, the National Credit Union Administration and even the Department of Housing and Urban Development. The bureau is an independent unit located inside and funded by the United States Federal Reserve, with interim affiliation with the U.S. Treasury Department.


The CFPB writes and enforces rules for financial institutions, examines both bank and non-bank financial institutions, monitors and reports on markets, as well as collects and tracks consumer complaints.[5]


The CFPB opened its website in early February 2011 to accept suggestions from consumers via YouTube, Twitter, and its own website interface. According to the United States Treasury Department, the bureau is tasked with the responsibility to "promote fairness and transparency for mortgages, credit cards, and other consumer financial products and services". According to its web site, the CFPB's "central mission...is to make markets for consumer financial products and services work for Americans—whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products". In 2016 alone most of the hundreds of thousands of consumer complaints about their financial services—including banks and credit card issuers—were received and compiled by CFPB and are publicly available on a federal government database.

]]> 2019-04-03 14:06:24 UTC https://padlet.com/alexaafloreess/8mq7fwhrwkg0/wish/348078294