Medical Debt and Non-Profit Hospital Billing Practices
Millions of consumers seek urgent medical care at non-profit hospitals that are required to provide financial assistance to patients in need. However, many eligible consumers either don’t receive this financial assistance or are pursued by debt collectors for bills they don’t owe.
CFPB launches public comment process for open banking standard setter recognition
The public can submit comments on open banking standard-setter applications to ensure the development of fair and effective open banking standards that serve the interests of all stakeholders, especially consumers.
Debt collectors that take advantage of surviving spouses and their vulnerabilities
The CFPB is concerned that medical debt collectors may try to capitalize on surviving spouses’ vulnerabilities to try to collect unpaid medical bills, including bills that may not even be owed.
High Interest Rates Set to Increase the Cost of Student Loans in 2024
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Recupere sus finanzas luego de una inundación y prepárese para la temporada de tormentas
La tormenta tropical Debby provocó grandes inundaciones en todo el este del país. Contamos con consejos que le ayudarán a recuperarse financieramente y a prepararse para una activa temporada de tormentas.
Promoting competition in payments
Director Chopra reacts to Apple’s recent announcement about planned changes to “tap-to-pay” functionality on its iOS devices.
Preserving Free Access to Money in Your Account
The CFPB has found that people are paying more for their cash, not only at out-of-network ATMs, but also at places like grocery stores and retailers that previously provided access for free.
What we’re learning: Medical debt’s impact on Alaska Native communities
There is a disproportionate impact of medical debt on American Indian and Alaska Native consumers, in Alaska and across the United States.
What Buy Now, Pay Later lenders are doing to be upfront with borrowers
The CFPB has received feedback on its BNPL interpretive rule and will now provide more clarity and guidance on company compliance and the benefits to consumers.
Recover financially from floods, and take steps for the rest of the storm season
Tropical Storm Debby caused heavy flooding all over the eastern part of the country. We have tips to help you get back on your feet financially and prepare for an active storm season.