{"id":76,"date":"2017-02-20T12:00:00","date_gmt":"2017-02-20T12:00:00","guid":{"rendered":"http:\/\/www.consumerslaw.com\/blog\/successes-consumer-financial-protection-bureau\/"},"modified":"2020-03-14T14:36:40","modified_gmt":"2020-03-14T14:36:40","slug":"successes-consumer-financial-protection-bureau","status":"publish","type":"post","link":"https:\/\/www.consumerslaw.com\/blog\/successes-consumer-financial-protection-bureau\/","title":{"rendered":"Consumer Financial Protection Bureau: Successful Cases Helping Consumers"},"content":{"rendered":"<p>Since the formation of the CFPB in 2010, the Bureau has taken on the biggest banks, including those that open\u00a0thousands of phony\u00a0accounts, payday lenders that charge 200% or more in interest, abusive debt collectors, the credit bureaus, student loan servicers, and other irresponsible lenders.<\/p>\n<p>The CFPB&#8217;s success has been undeniable in getting these entities to clean up their practices and refrain from abusing and overcharging consumers.\u00a0The CFPB has recovered nearly $12 billion from these financial institutions to redress these abuses, making the CFPB\u00a0one of the most efficient\u00a0government agencies.<\/p>\n<h2>CFPB Success stories &#8211; helping all Americans.<\/h2>\n<ul>\n<li><strong>9\/11 Victims:<\/strong> \u00a0Predatory lending to first responders.<\/li>\n<li><strong>Wells Fargo customers<\/strong>: Phony consumer accounts opened unknowingly by Wells Fargo employees.<\/li>\n<li><strong>Prepaid debit card users:\u00a0<\/strong>RushCard denied customers access to their money through system failure.<\/li>\n<li><strong>Auto Lending Discrimination:<\/strong> CFPB and Department of Justice resolve action with American Honda Finance Corp. for discriminatory practices placing auto loans which resulted in African-American, Hispanic, and Asian and Pacific Islander borrowers paying higher interest rates than white borrowers for their auto loans.<\/li>\n<li><strong>Mortgage Lending &amp; Servicing Deception<\/strong>: Ocwen took advantage of borrowers at every stage of the mortgage servicing process.<\/li>\n<\/ul>\n<h2>Seek Legal Help from a Consumer Protection Law Firm<\/h2>\n<p>Flitter Milz is a consumer protection law firm\u00a0 representing victims of wrongful car repossessions, debt collection abuse, credit reporting privacy &amp; accuracy violations, and unwanted robocalls.\u00a0 \u00a0<a href=\"https:\/\/www.consumerslaw.com\/contact-us\/\">Contact Us<\/a> to discuss whether your consumer rights have been violated.\u00a0 There is No Cost for the consultation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since the formation of the CFPB in 2010, the Bureau has taken on the biggest banks, including those that open\u00a0thousands of phony\u00a0accounts, payday lenders that charge 200% or more in interest, abusive debt collectors, the credit bureaus, student loan servicers, and other irresponsible lenders. The CFPB&#8217;s success has been undeniable in getting these entities to &hellip; <\/p>\n<p><a href=\"https:\/\/www.consumerslaw.com\/blog\/successes-consumer-financial-protection-bureau\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Consumer Financial Protection Bureau: Successful Cases Helping Consumers<\/span> &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[39],"_links":{"self":[{"href":"https:\/\/www.consumerslaw.com\/blog\/wp-json\/wp\/v2\/posts\/76"}],"collection":[{"href":"https:\/\/www.consumerslaw.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.consumerslaw.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.consumerslaw.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.consumerslaw.com\/blog\/wp-json\/wp\/v2\/comments?post=76"}],"version-history":[{"count":5,"href":"https:\/\/www.consumerslaw.com\/blog\/wp-json\/wp\/v2\/posts\/76\/revisions"}],"predecessor-version":[{"id":1692,"href":"https:\/\/www.consumerslaw.com\/blog\/wp-json\/wp\/v2\/posts\/76\/revisions\/1692"}],"wp:attachment":[{"href":"https:\/\/www.consumerslaw.com\/blog\/wp-json\/wp\/v2\/media?parent=76"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.consumerslaw.com\/blog\/wp-json\/wp\/v2\/categories?post=76"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.consumerslaw.com\/blog\/wp-json\/wp\/v2\/tags?post=76"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}