Image for Bureau of Consumer Financial Protection (for disambiguation)

Bureau of Consumer Financial Protection (for disambiguation)

The Bureau of Consumer Financial Protection, often called the Consumer Financial Protection Bureau (CFPB), is a government agency that protects consumers from unfair, deceptive, or abusive practices related to financial products like loans, credit cards, and mortgages. It aims to ensure transparency and fairness in the financial marketplace, making it easier for consumers to understand their rights and make informed decisions. The CFPB also enforces laws that prevent financial abuses, promotes responsible lending, and provides resources to help consumers manage their finances better. It operates independently within the federal government to serve the interests of consumers.