In May 2025, the Federal Trade Commission's Rule on Unfair and Deceptive Fees (the "Fees Rule") took effect. The Rule prohibits hidden fees in the live-event ticketing and short-term lodging industries under the theory that...more
4/13/2026
/ Consumer Protection Laws ,
Disclosure Requirements ,
Enforcement Actions ,
Event Tickets ,
Failure To Disclose ,
False Advertising ,
Federal Trade Commission (FTC) ,
Fees ,
FTC Act ,
Hidden Fees ,
Settlement ,
Unfair or Deceptive Trade Practices ,
Vacation Rentals
DOJ and State of Texas announced a $68 million settlement of ECOA and FHA claims against a private land developer (the "Developer") concerning an alleged pattern or practice of discriminatory lending practices and high...more
In November 2024, the FTC filed a complaint against the Company and its founder alleging that the Company deceptively advertised that it was able to secure business loans or lines of credit for small businesses without...more
11/19/2025
/ Consumer Protection Laws ,
Consumer Review Fairness Act (CRFA) ,
Credit Cards ,
Enforcement Actions ,
False Advertising ,
Federal Trade Commission (FTC) ,
FTC Act ,
Hidden Fees ,
Line of Credit ,
Settlement ,
Small Business ,
Telemarketing Sales Rule ,
Unfair or Deceptive Trade Practices
On August 21, 2025, the Consumer Financial Protection Bureau filed an enforcement action in connection with Chapter 11 bankruptcy proceedings for a fintech (the "Fintech") acting primarily as a third-party service provider...more
8/28/2025
/ Banking Sector ,
Chapter 11 ,
Commercial Bankruptcy ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Enforcement Actions ,
FinTech ,
Recordkeeping Requirements ,
Third-Party ,
Third-Party Service Provider ,
Unfair or Deceptive Trade Practices
On August 12, 2025, the Federal Trade Commission announced that a large online dating company (the "Company") agreed to stop alleged unlawful practices related to advertising, cancellation, and billing. ...more
The Consumer Financial Protection Bureau recently delivered its Consumer Response Annual Report for 2024, as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. The report includes analyses of...more
7/2/2025
/ Annual Reports ,
Auto Lease ,
Automotive Industry ,
Car Dealerships ,
Consumer Complaint System ,
Consumer Contracts ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Credit Reports ,
Debt Collection ,
Dodd-Frank ,
Loans ,
Mortgage Lenders
On January 14, 2025, the CFPB filed a lawsuit against the Bank, alleging violations of the CFPA, TISA, and its implementing Regulation DD. The lawsuit alleges that the Bank deceived customers who were enrolled in the Bank's...more
1/22/2025
/ Banks ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Enforcement Actions ,
Financial Services Industry ,
Interest Rates ,
Regulation DD ,
Savings Accounts ,
Truth in Savings Act ,
Unfair or Deceptive Trade Practices
On October 23, 2024, the CFPB filed two separate consent orders, one against the Tech Company and the other against the Bank, alleging violations of the Consumer Financial Protection Act (CFPA) and the Truth in Lending Act...more
The Consumer Financial Protection Bureau (CFPB) has turned its attention to in-game currencies and purchases (commonly referred to as "microtransactions or "downloadable content"). On August 28, 2024, the CFPB followed up its...more
After more than seven years of litigation, on September 12, 2024, the CFPB filed the Stipulated Order reflecting its settlement with the Company over alleged violations of the CFPA, FCRA, and FDCPA....more
9/13/2024
/ Civil Monetary Penalty ,
Consumer Financial Products ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Enforcement Actions ,
Fair Credit Reporting Act (FCRA) ,
FDCPA ,
Federal Student Loans ,
Financial Services Industry ,
Loan Servicer ,
Settlement ,
Student Loans
Fintech is increasingly prevalent in the financial services marketplace, allowing providers to offer myriad innovative products and services that are dramatically changing how consumers can interact with financial service...more
The first half of 2022 has seen a flurry of state and federal activity attempting to reign in "convenience fees"—fees charged by a creditor, debt collector, or third party to a consumer for making a payment via some means...more