The Consumer Financial Protection Bureau is taking aim at pay-to-play credit card comparison websites that collude with big banks to block competition.
  • debanqued@beehaw.org
    15·
    8 months ago

    That’s a great move. Instead of trying to regulate the baddies just offer a more honest, transparent consumer-respecting option from a public service that respects people’s privacy (CFPB does not block Tor, unlike #CreditKarma and #LendingTree).

    I would love it even more if they would also enable people to deselect banks they want to avoid, such as the shit banks on this list:

    https://git.disroot.org/cyberMonk/liberethos_paradigm/src/branch/master/usa_banks.md

  • debanqued@beehaw.org
    13·
    8 months ago

    Glad to see CFPB might be growing their balls back after Trump neutered them. When Trump was in power the CFPB took no action on complaints of unlawful conduct and seemed quite inactive… as if to just be managing their own office (like the EPA).