DFPI News
Your top student loan questions answered: What do I need to know about recent changes to the SAVE, IDR, and PSLF programs?
Learn how a recent federal court action affects student loan borrowers enrolled the Saving on a Valuable Education, Income-Driven Repayment, and Public Service Loan Forgiveness programs.
Meet our partners serving Latino communities
Join us in celebrating the important work of our grantees that support financial education and student loan borrower protection programs in Latino communities across California.
DFPI Announces Enforcement Actions Against Student Loan Debt Relief Companies, Secures Consumer Refunds and Penalties
The DFPI announced it has taken enforcement actions against three companies to prevent them from unlawfully charging fees for student loan debt relief services to California consumers before any actual work has been performed.
September 2024 Monthly Bulletin
- Superior Court Rules on Challenge to Crypto Kiosk Withdrawal Limit
- Guidance Regarding Borrowers Affected by Landslides in Rancho Palos Verdes
- Update on Patelco Credit Union Cyberattack
Guidance to Financial Institutions, Mortgage Lenders and Servicers Regarding Borrowers Affected by Recent Landslides in Rancho Palos Verdes
This guidance is directed to financial institutions, lenders, and mortgage servicers in California whose customers may be experiencing financial hardship due to recent landslides in Rancho Palos Verdes.
Court Upholds Daily Transaction Limit for Crypto Kiosks
The DFPI announced today that the Superior Court for Los Angeles County has upheld the Digital Financial Assets Law’s landmark consumer protections for users of crypto asset kiosks, commonly known as “Bitcoin ATMs.”
Asset Recovery Scam Involving Unauthorized Use of DFPI Logo
The DFPI has received information about asset recovery scams using the DFPI logo and fraudulently claiming to be from the Department’s “Global Anti-Scam Unit” and the “DFPI Global Fraud Unit,” neither of which exist.
Fintech banking apps – what you need to know
These days, it’s common for financial technology companies to partner with banks to provide mobile banking services. Before signing up for a banking app, do your research to ensure your money is safe.
Patelco Credit Union Cyberattack – UPDATE
On August 20, Patelco Credit Union notified its members that confidential information may have been exposed due to a ransomware attack on June 29, 2024, attack. The DFPI recommends that Patelco members consider measures to help protect against misuse of personal data…
August 2024 Monthly Bulletin
- 2024 Report on Banks and Credit Unions Fee Income from NSF and Overdraft Charges
- CalMoneySmart Financial Education Grants Awarded
- Some Escrow Reports Due Aug. 13
DFPI Awards $4 Million to Community-Based Organizations for Financial Education and Empowerment Programs
DFPI awards $4 million to community-based organizations for financial education and empowerment programs.
July Consumer Connection
- Peer-to-Peer payment scams are on the rise
Thinking of starting a business?
Starting your own business may seem challenging, but it’s an exciting and achievable dream. Follow our guide and you’ll be well on your way.
7 tips for first-time homebuyers
Buying your first home can be exciting—and stressful. In the homebuying process, many financial questions are sure to arise. Follow these tips to get started.
Peer-to-Peer payment scams are on the rise
Use Venmo or PayPal? Learn how to protect yourself from peer-to-peer (P2P) scams.