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What potential changes at the Consumer Financial Protection Bureau could mean for you

Summary by KRIV
Five ways your wallet could be impacted by the CFPB shuttering.

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Time MagazineTime Magazine

What Cuts to the CFPB Could Mean For Consumers

For a long time, Misty Castaneda had terrible credit. Even though she had health insurance, the hair stylist from Colorado owed a hospital around $20,000 for a $200,000 open-heart surgery in 2010 that had been necessary to keep her alive, she says. Castaneda’s credit was so bad that she stayed in a bad relationship for more than a decade, she says, because she knew that without her husband’s credit score, she wouldn’t be able to rent an apartmen…

·United States
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KRIVKRIV

What potential changes at the Consumer Financial Protection Bureau could mean for you

Five ways your wallet could be impacted by the CFPB shuttering.

Read Full Article
khbrknewskhbrknews

What Cuts to the CFPB Could Mean For Consumers – khbrknews

For a long time, Misty Castaneda had terrible credit. Even though she had health insurance, the hair stylist from Colorado owed a hospital around $20,000 for a $200,000 open-heart surgery in 2010 that had been necessary to keep her alive, she says. Castaneda’s credit was so bad that she stayed in a bad relationship for more than a decade, she says, because she knew that without her husband’s credit score, she wouldn’t be able to rent an apartmen…

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kalkinemedia.comkalkinemedia.com

Javier Palomarez, USHBC President & CEO, Responds to Halt of Consumer Financial Protection Bureau

WASHINGTON, DC, UNITED STATES, February 13, 2025 /EINPresswire.com/ -- Earlier this month, the Trump Administration ordered the Consumer Financial Protection Bureau (CFPB) to halt all work. While the full impact of this decision remains unclear, the United States Hispanic Business Council (USHBC) underscores that consumer protections and a fair regulatory framework are vital, and views the closure as an opportunity to reform consumer protections…

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KRIV broke the news in on Wednesday, February 12, 2025.
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