DFPI News
March 2024 DFPI Consumer Connection
- Women Supporting Women in the Financial Marketplace
- Five Steps to Building Generational Wealth
- Your Top Student Loan Questions Answered: IDR One Time Adjustment & SAVE Programs
Women Supporting Women in the Financial Marketplace
Throughout Women’s History Month, the DFPI is recognizing women across California who are working to eliminate gender bias and discrimination in the financial marketplace. Learn about community leaders that promote equity, diversity, and inclusion for women through financial education programs and entrepreneurial initiatives.
Five Steps to Building Generational Wealth
Generational wealth is financial wealth and assets that can be passed down from one generation to the next, giving your heirs the gift of greater financial security. If you are new to financial planning, you may be wondering how to start building a wealth portfolio. Follow these five steps to get started on your generational wealth building journey.
“Global Lending CA” Posing as Legitimate Lender
The DFPI has received information about an advance fee scam involving consumer loans. The imposter represents itself to the public as “Global Lending CA”.
Your Top Student Loan Questions Answered: IDR One Time Adjustment & SAVE Programs
The U.S. Department of Education has rolled out a 12-month on-ramp period to protect borrowers from the harsh consequences of missed payments. The IDR One Time Adjustment, PSLF, and SAVE programs are additional options for borrowers who are still struggling to make payments.
Website https://jenniferlilibethtibbs.com/ is Fraudulently Posing as a California-licensed Investment Adviser
The DFPI has received information that the website https://jenniferlilibethtibbs.com/ and email jenniferlilibethtibbs@gmail.com are fraudulently marketing itself as a licensed financial adviser.
March 2024 Monthly Bulletin
- California State Senate Confirms Greg Young as DFPI Senior Deputy Commissioner of Corporations and Financial Institutions
- Public Comments on Digital Financial Assets Law Rulemaking Posted
Romance Scams: What consumers need to know
The best way to thwart love scammers is to be clear-eyed about the ways they steal your heart, and your wallet.
DFPI Orders Chime Financial to Pay $2.5 Million, Improve Customer Service Standards Due to Unfair Complaint Handling
The California Department of Financial Protection and Innovation (DFPI) announced today that it has entered into a consent order with San Francisco-based Chime Financial, Inc. (Chime).
February 2024 Monthly Bulletin
- Reminder: Mandatory Filing for Digital Financial Asset Transaction Kiosk Operators Now in Effect
- Guidance Regarding Borrowers Affected by Severe Winter Storms, Flooding and Landslides
DFPI, FTC Take Down Multimillion-Dollar Mortgage Assistance Scam that Preyed on Struggling Homeowners
The DFPI announced today that, in partnership with the Federal Trade Commission (FTC), it has secured a key consumer protection victory for struggling homebuyers.
Guidance to Financial Institutions, Mortgage Lenders and Servicers Regarding Borrowers Affected by Severe Winter Storms, Flooding and Landslides
This guidance is directed to financial institutions, lenders, and mortgage servicers in California whose customers may be experiencing financial hardship as a result of recent severe winter storms, flooding, and landslides.
Website grandvacap.com is Fraudulently Posing as a California-licensed Investment Adviser
The California Department of Financial Protection and Innovation (DFPI) has received information that the website grandvacap.com is marketing itself as licensed Investment Adviser.
California Secures $1.5 Million Multistate Securities Settlement Against Crypto Platform TradeStation
The DFPI announced a consent order with TradeStation Crypto, Inc. to resolve the DFPI’s securities investigation into TradeStation’s crypto interest-earning program.
January 2024 DFPI Consumer Connection
- Successful Budgeting & Financial Planning for the New Year
- Understanding and Building Your Credit in the U.S.