Tags » Consumer Finance

A Summer Spent at the Consumer Financial Protection Bureau


  • Paid Internship
  • Friendly and helpful colleagues
  • Amazing resume booster


  • Non-local internship
  • Non-legal internship
  • Very long hiring process

My summer internship was with the Consumer Financial Protection Bureau, a financial regulator that was created from the 2010 Dodd-Frank Financial Reform Act. 419 more words


Journalism: 11 common money mistakes people make in their 40s

Your 40s represent a unique period in your financial life. You’re older, wiser and well-established, but there are still a few things you have yet to figure out — like how to afford your children’s college education and where you’re going to retire. 34 more words

Personal Finance

Lies and statistics

You may recognize the title to this post as part of a famous quote popularized by Mark Twain. There are two key words missing from the quote, but this is a family friendly blog, so…. 559 more words


Sullivan & Cromwell discusses CFPB Consideration of Rules to Restrict Certain Short-Term Lending

On March 26, 2015, the Consumer Financial Protection Bureau (the “CFPB” or the “Bureau”) announced that it will be considering rules imposing significant structural limitations and other requirements on payday and similar loans: (1) short-term (45 days or less) loans to consumers; and (2) longer-term (more than 45 days) high-interest rate personal loans (more than 36% measured by an “all in” annual percentage rate (APR) that is more inclusive than the Truth in Lending Act APR) where a lender has the right to collect from the customer’s paycheck or bank account, or where a non-purchase money loan is secured by the customer’s vehicle. 1,689 more words

Finance & Economics

Famed Dallas Minister TD Jakes Helps Radio One’s Empowerment Expos For Black Women | The Chicago Defender

Radio One, the parent company of NewsOne, plans a series of expos aimed at African American women to introduce them to financial management tools, including the company’s affinity credit card, the One VIP Card from American Express Serve.

36 more words
Affluent Blacks

Digital Content: Should you take out a second mortgage to pay for that?

A home equity line of credit works a lot like a credit card, with one big caveat: Your home is on the line as collateral until you’ve paid off the debt. 122 more words

Personal Finance

Negative interest rates and adjustable-rate mortgages: Should banks pay interest to their borrowers?

A vast majority of mortgage loans in Spain have adjustable rates, with the rate typically linked to some index, such as the 12-month EURIBOR. Why more than 90% of mortgages have adjustable rates could be due to both demand and supply reasons. 560 more words

Consumer Finance