Consumer Advocacy Groups Sound Alarm as CFPB Tightens Access to Complaint Database

WASHINGTON — In a move that has sparked intense debate over the role of federal oversight in the financial sector, the Consumer Financial Protection Bureau (CFPB) announced a series of restrictive changes to its consumer complaint portal this week. Critics, including prominent consumer rights organizations, argue that the new requirements are designed to insulate the…

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Illinois Tightens Oversight on Buy Now, Pay Later Industry: A New Frontier for Consumer Protection

CHICAGO, June 25, 2026 — In a landmark move aimed at reining in the rapidly expanding "Buy Now, Pay Later" (BNPL) industry, Illinois Governor J.B. Pritzker signed legislation today that subjects providers of these point-of-sale loans to state licensure and strict transparency requirements. The new law, championed by State Senator Michael Hastings, marks a significant…

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