CFPB
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Questions and Answers

Where do consumers go to file or submit a complaint?

The CFPB was established in 2010 under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

True

The CFPB's primary mission is to protect consumers in the financial marketplace and ensure fair treatment by healthcare institutions.

False

The CFPB's jurisdiction covers only credit cards and mortgages, excluding other financial products and services.

<p>False</p> Signup and view all the answers

The CFPB operates a complaint database where consumers can submit grievances about financial products and services.

<p>True</p> Signup and view all the answers

Who appoints the Director of the Consumer Financial Protection Bureau?

<p>The President of the United States</p> Signup and view all the answers

The CFPB conducts regular supervision and examination of which entities to ensure compliance with consumer protection laws?

<p>Financial institutions</p> Signup and view all the answers

The CFPB consolidates and enforces consumer financial protection laws previously administered by _____

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The CFPB advocates for transparency and fairness in financial markets, striving to prevent predatory practices and promote responsible _______________.

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The CFPB's jurisdiction covers various financial products and services, including _______________, credit cards, student loans, payday loans, and other consumer loans.

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