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Thursday, January 2, 2014

CFPB Releases Report to Congress

In a report to Congress, CFPB discussed specific consumer concerns regarding mortgages, credit cards, bank account services, credit reporting, student loans and more. The Bureau listed some resources offered to consumers including but not limited to their responses to consumers, consumer engagement, financial education and resources for older Americans. Along with details on supervisory activities and enforcement actions, CFPB also disclosed their budget and hiring practices.

Read the report.

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