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Category: Discrimination

Cracking down on discrimination in the financial sector

Posted in Discrimination, Fair lending, and Policy and compliance

Vigorous enforcement of the laws protecting against discrimination is essential for us to achieve broader equity and opportunity. The CFPB will prioritize enforcement of the Equal Credit Opportunity Act and its other authorities to ensure no one is discriminated against in connection with a consumer financial product or service.

New effort focused on financial issues facing rural communities

Posted in At the CFPB, Community banks, Discrimination, Equal Credit Opportunity Act, Everyone has a story, Financial service providers, and Payday loans

The Consumer Financial Protection Bureau has launched a new initiative to focus on financial issues facing rural America. Our effort will initially focus on rural banking deserts, discriminatory and predatory agricultural credit, and manufactured housing.