CFPB (Consumer Financial Protection Bureau)

The Consumer Financial Protection Bureau (CFPB) is a U.S. government agency established to protect consumers in the financial sector. It oversees financial products and services, such as loans, mortgages, credit cards, and bank accounts, ensuring that companies operate fairly and transparently. The CFPB educates consumers about their rights, collects and investigates complaints, and enforces regulations to prevent abusive practices. Its mission is to promote financial stability and help consumers make informed financial decisions, ultimately fostering a fair marketplace that protects individuals’ interests.