The Consumer Financial Protection Bureau (CFPB)

The Consumer Financial Protection Bureau (CFPB) is a government agency established to protect consumers in the financial marketplace. It oversees banks, lenders, and other financial institutions to ensure transparent and fair practices, such as clear loan terms and honest marketing. The CFPB also helps consumers understand their financial rights and provides resources to avoid fraud and abuse. Its goal is to promote a safe, competitive, and accessible financial industry, helping individuals make informed decisions and preventing unfair or deceptive practices in financial services.