CFPB
Consumer Financial Protection Bureau
The CFPB is a U.S. agency that protects consumers in the financial marketplace. It oversees banks and financial companies for compliance with consumer protection laws.
Created by the Dodd-Frank Act, the CFPB issues rules and guidance on products like credit cards, mortgages, and student loans. It also handles consumer complaints. Official site: CFPB.
Related Terms
Dodd-Frank Act
The Dodd-Frank Act is a U.S. law enacted after the 2008 financial crisis to reform financial regulat...
Regulation E
Regulation E implements the U.S. Electronic Fund Transfer Act and protects consumers using electroni...
Regulation DD
Regulation DD implements the U.S. Truth in Savings Act and requires banks to disclose account terms ...
FDIC
Federal Deposit Insurance Corporation
The FDIC is a US government agency that provides deposit insurance to depositors in American banks. ...
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