Consumerfinance.gov is the official website of the United States Consumer Financial Protection Bureau (CFPB). The site provides information and resources to help consumers make informed financial decisions and protect themselves from unfair and deceptive practices in the financial industry. The site covers a wide range of financial topics, including mortgages, credit cards, student loans, and more. It contains tools for consumers to file complaints and report financial misconduct. It also offers educational articles and resources for special populations, such as older Americans and military service members. Overall, consumerfinance.gov is an essential resource for anyone looking to navigate the complex world of personal finance.

Created in 2010, the Consumer Financial Protection Bureau (CFPB) is a regulatory agency charged with overseeing consumer-related financial products and services.investopedia.comSome goals of the CFPB include preventing financial harm to consumers, educating and empowering them on financial topics, and providing data-driven insights.

The 2020 Financial Literacy Annual Report of the Consumer Financial Protection Bureau details the Bureau’s financial literacy activities and strategy to improve the financial literacy of consumers.consumerfinance.govOverall, this report describes the Bureau’s efforts in a broad range of financial literacy areas relevant to consumers’ financial lives.

The Court entered a judgment against the Hydra Group defendants in the amount of $69,623,528 to provide redress to affected consumers.pbs.orgThe idea for a financial watchdog agency came from Sen. Elizabeth Warren, D-Mass., a Harvard Law School professor at the time.