DFPI News
December 2022 Monthly Summary of Financial Institution Pending Applications
February 2023 DFPI Consumer Connection
- Student Loan Debt: A Disproportionate Burden on Black and Latino Borrowers
- Protect Your Heart and Your Wallet from Romance Scams
- Medical Debt Collection – Know Your Rights & Medical Debt
DFPI Launches Scam Tracker to Help the Public Spot Crypto Scams
The Department of Financial Protection and Innovation (DFPI) announced today that it has launched the DFPI Crypto Scam Tracker to help Californians spot and avoid crypto scams.
Protect Your Heart and Your Wallet from Romance Scams
Valentine’s Day is a popular holiday for expressing love and affection, but it’s also a prime time for scammers looking to take advantage of unsuspecting victims.
Student Loan Debt: A Disproportionate Burden on Black and Latino Borrowers
Millions of Americans are affected by the student debt crisis, but Black and Latino families have been hit particularly hard.
Medical Debt Collection – Know Your Rights
Before paying a debt collector with possible fake claims or paying expensive penalties, it’s crucial to get informed about debt collection laws and options. If you are a California consumer with a medical bill sent to a debt collector, learn more about your rights.
February 2023 Monthly Bulletin
- Purvi Patel Appointed as Deputy Commissioner for Credit Unions
- DFPI Continues Crackdown on Debt Collection Scams
- Some Escrow Reports Due Feb. 13
Website https://haydencapitalmgt.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 https://haydencapitalmgt.com/ is fraudulently marketing itself as a licensed Investment Adviser.
DFPI Continues Crackdown on Debt Collection Scams
The DFPI announced today that it has issued enforcement actions against multiple debt collectors for unlicensed activity under the Debt Collection Licensing Act (DCLA) and unlawful and deceptive acts or practices in violation of the California Consumer Financial Protection Law (CCFPL).
Beware of Online Advice About Creating Your Own “Private Bank” in California
The DFPI urges consumers to exercise caution before responding to any solicitation offering financial services related to “private banks”.
California Joins $22.5 Million Multistate Securities Settlement Against Crypto Platform Nexo Capital
The DFPI announced today it has entered into a settlement agreement with Nexo Capital Inc. (Nexo) to resolve the DFPI’s September 26, 2022 securities enforcement action in connection with Nexo’s Earn Interest Product program.
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 https://benitorevilla.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 https://benitorevilla.com/ is fraudulently marketing itself as a licensed financial adviser and consultant.
January 2023 DFPI Consumer Connection
- New Year, New Financial Goals
- Californians with Student Loans Updates
- Tips for Tricky Buy Now, Pay Later Holiday Returns